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03.08.2023
COVESTRO
Continued weak demand depresses earnings / No economic recovery likely in H2 / Thorsten Dreier new chief technology officer
05.05.2023
COVESTRO
Core operating profit for 2023 to be flat versus 2022 / Share buyback programme resumed
19.04.2023
COVESTRO
German group still in the red / Loss lower than expected due to cost-cutting measures / Sale of 3D printing business completed
17.01.2023
COVESTRO
EUR 300 mn net income loss surprises markets / Impairments cut earnings / High energy, material costs hit results
08.11.2022
COVESTRO
Plans for major new MDI plant put on ice again / No new start-up date / “Increasingly volatile” economic environment
16.06.2022
COVESTRO
Markus Steilemann confirmed as CEO until May 2028
03.03.2022
COVESTRO
Strong demand, higher prices spur record sales / CEO Steilemann: Mechanical methods “better” than chemical recycling
20.01.2022
COVESTRO
No mandatory redundancies until 2028 / Staff reduction process to continue
30.10.2020
COVESTRO
Demand rebound boosts Q3 results / Quarterly profit picks up again
06.10.2020
COVESTRO
Agreement to buy DSM's coating resins business / Company lauds deal as part of long-term growth strategy
27.07.2020
COVESTRO
Plastics group records significant losses / PU business particularly hard hit by coronavirus effects
01.04.2020
COVESTRO
EUR 225m loan from EIB to boost R&D / EU bank backs coronavirus pandemic aid to SMEs
21.02.2020
COVESTRO
Sales and earnings down sharply in 2019 / MDI expansion at Baytown “paused” as cost-savings programme accelerated
31.10.2019
COVESTRO
Q3 profits plunge as disappointing demand depressed selling prices / Forecast for 2019 confirmed but narrowed ranges / Sales down 14.6%
29.07.2019
COVESTRO
Q2 EBITDA cut by more than half, led by Polyurethanes and Polycarbonates / Full-year 2019 outlook confirmed
18.06.2019
COVESTRO
European PU systems houses business to be sold to H.I.G. Capital
26.02.2019
COVESTRO
Earnings fall below 2018 mark / Weaker Q4 performance / Lower margins forecast in more competitive environment
01.11.2018
COVESTRO
Job cuts in Germany / Figures slump for PU segment in Q3 / Polycarbonates perform well
31.07.2018
COVESTRO
Fiscal 2018 outlook lifted after strong Q2 results / Investments in next three years to be increased
13.04.2018
COVESTRO
CEO change brought forward / Patrick Thomas to retire in May
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