Investor Relations

Covestro proposes a dividend of EUR 1.20 per share for fiscal 2019


Actively managing the crisis: Covestro adapts to current conditions

Covestro meets guidance for first quarter despite coronavirus impact

Core volumes decrease by 4.1% / Group sales total approximately EUR 2.8 billion (– 12.3%) / EBITDA at EUR 254 million in line with guidance (– 42.5%) / Net income at EUR 20 million (– 88.8%) / Free operating cash flow at minus EUR 249 million as expected / 2020 AGM rescheduled to July 30


Covestro adjusts FY 2020 financial guidance due to effects of the Coronavirus pandemic after reaching its EBITDA target in Q1 2020


Covestro signs EUR 225 million loan facility with European Investment Bank for R&D activities


Response to further spread of coronavirus

Covestro postpones Annual General Meeting

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


Covestro signs EUR 2.5 billion new syndicated revolving credit facility with ESG element for the first time


Fiscal 2019: Further volume growth while prices remain at a low level

Covestro achieves targets in continuing challenging market environment

Core volumes up by 2.0% / Group sales total approximately EUR 12.4 billion (–15.1%) / EBITDA as forecast at approximately EUR 1.6 billion (–49.9%) / Program launched to promote circular economy / Dividend proposal of EUR 2.40 per share / Outlook for 2020: Full year remains challenging


The world's largest corporate supply contract for offshore wind energy

Covestro goes for green electricity

Long-term agreement signed with supplier Ørsted / Signal effect for the expansion of renewable energies intended


Third quarter 2019: Full-year forecast confirmed and ranges narrowed

Covestro generates strong volume growth in a continuing challenging environment

Core volumes up by 5.3% / Group sales total approximately EUR 3.2 billion (–14.6%) / EBITDA forecast achieved at EUR 425 million (–50.5%) / Net income down to EUR 147 million (–70.4%) / Free operating cash flow at EUR 243 million (–58.0%) / Ranges for 2019 narrowed in existing forecast


Next step in portfolio optimization

Covestro to sell European polycarbonate sheets business to Serafin Group

New owner to continue and further develop sheets business / Sale is part of Covestro’s efforts to optimize its portfolio / Covestro to remain key supplier to sheets business