Media
rainbow

Investor Relations

SPECIALIZED PRESS

Covestro at K 2019

Pushing the boundaries for a sustainable and digital world

Material cycle sought across the entire value chain / Pioneer on the path to a future without fossil-based resources / Comprehensive program for digitalization / Innovative solutions for key industries

more
SPECIALIZED PRESS

Covestro pushes forward with the digitalization of processes

In focus: added value for customers / More efficient processes through computer simulation / New formula finder for viscoelastic foams

more

2019 Annual General Meeting in Bonn:

Covestro increases dividend to €2.40 per share

Dividend raised for the fourth consecutive year

more

Covestro and Genomatica launch partnership for sustainable growth

High-performance materials from plants

more

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

more

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

Covestro and EconCore join forces in composites development

Polycarbonate applications in mass transportation

more
SPECIALIZED PRESS

First step of global capacity expansion for films

Covestro breaks ground on new production line in Thailand

more

Buyback program completed around half a year earlier than planned

Covestro concludes share buyback of EUR 1.5 billion

Around 10% of capital stock bought back / Acquired shares will be retired and capital stock reduced by EUR 19.5 million / Board of Management aims to lay foundations for further buybacks

more

Further strengthening of global TPU business

Covestro becomes majority stakeholder in DIC Covestro Polymer joint venture in Japan

Covestro raises stake from 50% to 80% / Partnership with DIC Corporation continues / Acquisition as part of Covestro’s global growth strategy

more

Full year guidance confirmed

Solid results in an increasingly challenging market environment

Group sales up 4.8% to EUR 3.7 billion / Core volumes remain stable / EUR 859 million EBITDA at previous year’s level / Net income totals EUR 496 million, up 1.0% over prior year / Free operating cash flow down 12.2% to EUR 578 million due to increased investments / Cost savings targeted at EUR 350 million per year

more