Covestro AG (ETR: 1COV)
Market Cap | 10.82B |
Revenue (ttm) | 14.15B |
Net Income (ttm) | -261.00M |
Shares Out | 188.74M |
EPS (ttm) | -1.38 |
PE Ratio | n/a |
Forward PE | 39.33 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 565,933 |
Open | 57.40 |
Previous Close | 57.32 |
Day's Range | 57.04 - 57.48 |
52-Week Range | 44.57 - 58.50 |
Beta | 1.17 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Oct 29, 2024 |
About Covestro AG
Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof st... [Read more]
Financial Performance
In 2023, Covestro AG's revenue was 14.38 billion, a decrease of -19.99% compared to the previous year's 17.97 billion. Losses were -198.00 million, -27.21% less than in 2022.
Financial StatementsNews
Covestro AG (CVVTF) Q3 2024 Earnings Call Transcript
Covestro AG (OTCPK:CVVTF) Q3 2024 Results Conference Call October 29, 2024 9:00 AM ET Company Participants Ronald Koehler - Head of Investor Relations Christian Baier - CFO & Member of Management Boar...
UAEs ADNOC begins takeover of Covestro AG
Covestro shareholders can accept the takeover offer by tendering their shares at an offer price of 62 euros
ADNOC starts acceptance period for Covestro takeover offer
The company said the offer price was $67.06 per share in cash, representing a premium of about 54% to the unaffected share price of Covestro
ADNOC starts acceptance period for Covestro takeover offer
Abu Dhabi's ADNOC said on Friday that the acceptance period for its voluntary public takeover offer for German chemicals maker Covestro has started, with an end date of Nov. 27.
EQS-News: ADNOC International Announces Start of the Acceptance Period for its Voluntary Public Takeover Offer for Covestro
EQS-News: ADNOC International Germany Holding AG / Key word(s): Tender Offer ADNOC International Announces Start of the Acceptance Period for its Voluntary Public Takeover Offer for Covestro 25.10.202...
ADNOC Buys Covestro for $12.3 Billion in a Strategic Move
ADNOC Buys Covestro for $12.3 Billion in a Strategic Move
ADNOC and Covestro deal is 'unprecedented,' says Covestro CEO
Markus Steilemann, CEO of Covestro, discusses the "unprecedented deal" between ADNOC and Covestro, and what this could mean for the future of the German chemicals industry.
Why Adnoc Agreed to Buy Covestro for €12 Billion
Khaled Salmeen, head of Abu Dhabi National Oil Co.'s downstream division, discusses Adnoc's agreement to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what's set to be th...
ADNOC to acquire Covestro for $16.4 billion, expanding global chemical footprint
Abu Dhabi's state-owned oil firm, ADNOC, has agreed to acquire German chemical giant Covestro for €14.7 billion ($16.4 billion), marking a significant move in ADNOC's international growth strategy. Th...
Abu Dhabi’s ADNOC targets giant $16bn takeover of Germany’s Covestro
ADNOC has launched a takeover bid for German industrial giant Covestro
ADNOC confirms deal to buy Germany’s Covestro in €15.9B deal
UAEs Oil Giant ADNOC to Buy Chemicals Firm Covestro in $16-Billion Deal
Following a year of negotiations, Abu Dhabis oil company ADNOC has agreed to buy Germanys chemicals giant Covestro in a deal worth $16.3 billion (14.7 billion euros) including debt, the German group s...
ADNOC and Covestro deal is 'unprecedented,' says Covestro CEO
Markus Steilemann, CEO of Covestro, discusses the "unprecedented deal" between ADNOC and Covestro, and what this could mean for the future of the German chemicals industry.
UAE oil giant ADNOC to buy German chemicals firm Covestro for $16.4bln
Covestro is one of the worlds leading manufacturers of high-quality polymer materials and their components.
Abu Dhabi's ADNOC to acquire German chemicals firm Covestro for $16.4 billion
Abu Dhabi's state oil firm ADNOC announced it will buy German firm Covestro in a 14.7 billion-euro deal ($16.4 billion).
Abu Dhabi's ADNOC to buy German chemicals company Covestro for $16.4 bln
Abu Dhabi state oil giant ADNOC said on Tuesday that it has agreed to buy German chemicals producer Covestro for 14.7 billion euros ($16.4 billion).
EQS-News: ADNOC International Enters into Investment Agreement with Covestro and Announces Voluntary Public Takeover Offer
EQS-News: ADNOC International Germany Holding AG / Key word(s): Tender Offer ADNOC International Enters into Investment Agreement with Covestro and Announces Voluntary Public Takeover Offer 01.10.2024...
EQS-Adhoc: Covestro AG: Covestro signs an Investment Agreement with ADNOC and supports the public takeover offer to all Covestro shareholders
EQS-Ad-hoc: Covestro AG / Key word(s): Mergers & Acquisitions Covestro AG: Covestro signs an Investment Agreement with ADNOC and supports the public takeover offer to all Covestro shareholders 01-Oct-...
EQS-WpÜG: Takeover Offer / Target company: Covestro AG; Bidder: ADNOC International Germany Holding AG
EQS-WpÜG: ADNOC International Germany Holding AG / Takeover Offer Takeover Offer / Target company: Covestro AG; Bidder: ADNOC International Germany Holding AG 01.10.2024 / 08:40 CET/CEST Dissemination...
Adnoc Said to Seal €12 Billion Deal for Chemical Firm Covestro
Abu Dhabi National Oil Co. has reached a deal to buy chemical producer Covestro AG for about €11.7 billion ($13 billion), in what’s set to be the biggest Middle Eastern acquisition of a European firm,...
Adnoc nears $13B deal to buy Covestro - WSJ
UAE's Adnoc nears $13 billion deal to buy Germany's Covestro, WSJ reports
United Arab Emirates's Abu Dhabi National Oil Co is likely to announce a $13 billion-plus deal for Germany's Covestro as soon as this week unless an unexpected snag emerges, the Wall Street Journal re...
UAE's Adnoc Nears $13 Billion Deal to Buy Germany's Covestro
The tie-up dovetails with the Middle Eastern energy company’s push into chemical production
UAE's Adnoc Nears $13 Billion Deal to Buy Germany's Covestro
The tie-up dovetails with the Middle Eastern energy company's push into chemical production
Abu Dhabi bids for Germany’s industrial jewel
State oil company Adnoc is expected to offer €14.4bn for Covestro, in the biggest European deal this year