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Business & Finance

Results influenced by challenging environment as expected

Covestro confirms full year guidance after first quarter

Core volumes slightly down (–1.8%) / Group sales around EUR 3.2 billion (–16.0%) / EBITDA at EUR 442 million in line with expectations (–58.4%) / Net income of EUR 179 million below previous year (–72.2%) / Free operating cash flow at minus EUR 45 million / Guidance for fiscal 2019 confirmed

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2019 Annual General Meeting in Bonn:

Covestro increases dividend to €2.40 per share

Dividend raised for the fourth consecutive year

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PRESS KIT

Annual General Meeting 2019

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Covestro takes gold again in international rating

Highest score for sustainability

Focus on environmental protection and sustainable supply chain

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Intensified research collaboration on industry trends

Covestro fosters open innovation in China

Reinforced partnership with renowned Shanghai Tongji University / Industry-academia platform from incubation to commercialization

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Digital trading platform for chemicals opens new ways to customers

New Covestro Direct Store is Online

Direct purchasing with customized offers for business customers / Additional digital sales channel complements existing sales model

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Further growth in demand in an increasingly challenging market environment

Covestro raises dividend after strong business performance in 2018

Continued core volume growth at 1.6% / Group sales rise to EUR 14.6 billion / EBITDA declines to EUR 3.2 billion / Proposed dividend of EUR 2.40 per share / Around EUR 1.7 billion returned to stockholders through share buy-back and dividends / 2019 guidance influenced by further volume growth and lower margins

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Fire, smoke and toxicity (FST)-performing honeycomb cores and panels

Covestro and EconCore join forces in composites development

Polycarbonate applications in mass transportation

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Cross-sector research to turn waste gas into valuable plastics

European industry fosters CO2 reutilization

Next step in collaboration of industrial and academic partners / Evaluation of industrial-scale testing in southern France

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