Investor Relations

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


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


Long-term development and sustainable innovations through venture capital

Covestro invests in start-ups

Investments in start-up companies planned in five areas / First investments have already been made


Joint development with Toyota Boshoku Corporation

Covestro provides sustainable solution for new concept car Toyota “LQ”

New polyurethane composite concept with kenaf fibers / 30 percent lighter than conventional material


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


Building up material cycles across value chains

Circularise, Covestro and Domo showcasing plastics traceability solution at CES 2020

Transparency achieved through blockchain technology


Complete divestment of Covestro’s polycarbonate sheets business

Covestro closed sale of European polycarbonates sheets business to Serafin


Sustainable raw materials as the basis for circular economy

Waste, plants, CO2 – the resources of the future

Raw Materials Summit 2019 points way out of the throwaway society / Start-up company wins “Resource Innovator” prize