Articles tagged with 'Financials' | Covestro

Covestro Press (Financials)

2021
13
April
2021
| 19:37 Europe/Amsterdam
Covestro is raising its forecast for EBITDA, free operating cash flow (FOCF) and return on capital employed (ROCE) for fiscal year 2021 as a result of a better than previously expected business development. The new expectation exceeds the previously ...
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23
February
2021
| 07:00 Europe/Amsterdam
Core volumes down by 5.6% Group sales approximately EUR 10.7 billion (–13.7%) EBITDA as forecasted at approximately EUR 1.5 billion (–8.2%) Free operating cash flow increased to EUR 530 million (+12.1%) Proposed dividend of EUR 1.30, new divide...
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05
February
2021
| 10:00 Europe/Amsterdam
Significant increase of production capacity at the Shanghai site Environmentally compatible products replace solvent-based types Versatile applications in automobiles, furniture, textiles and shoes ...
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2020
12
November
2020
| 10:00 Europe/Amsterdam
Covestro has started construction of a new production plant for Vulkollan® raw materials in the Map Ta Phut industrial zone in Thailand. With the new plant, the company aims to satisfy the growing demand for high-performance elastomers and to serve t...
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14
October
2020
| 08:15 Europe/Amsterdam
Complete placement of 10,200,000 offered shares Gross proceeds of EUR 447 million Use of proceeds to finance the announced acquisition of the RFM business from DSM ...
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09
October
2020
| 13:46 Europe/Amsterdam
In the course of preparing the Q3 2020 interim statement for Covestro Group, preliminary Q3 key financial data deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Var...
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15
April
2020
| 11:21 Europe/Amsterdam
Covestro has been actively executing its crisis management plans in response to the global spread of the coronavirus pandemic and adjusting business operations according to local developments. The Board of Management has taken early and decisive acti...
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23
March
2020
| 00:00 Europe/Amsterdam
• Annual General Meeting of Covestro AG will not take place on April 17, 2020, due to coronavirus pandemic • Meeting is postponed to a later date ...
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18
March
2020
| 00:00 Europe/Amsterdam
Covestro has successfully signed a contract with its 16 core banks for a new syndicated revolving credit facility for EUR 2.5 billion with a term of five years plus two one-year extension options, effective as of March 17, 2020. The facility can be d...
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