Covestro AG (COVTY)
| Market Cap | 13.09B |
| Revenue (ttm) | 15.29B |
| Net Income (ttm) | -422.61M |
| Shares Out | n/a |
| EPS (ttm) | -2.24 |
| PE Ratio | n/a |
| Forward PE | 184.20 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 495 |
| Average Volume | 2,371 |
| Open | 34.54 |
| Previous Close | 34.38 |
| Day's Range | 34.54 - 35.14 |
| 52-Week Range | 26.84 - 34.89 |
| Beta | 1.06 |
| RSI | 64.90 |
| Earnings Date | Jul 31, 2025 |
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 2024, Covestro AG's revenue was 14.18 billion, a decrease of -1.38% compared to the previous year's 14.38 billion. Losses were -266.00 million, 34.3% more than in 2023.
Financial numbers in EUR Financial StatementsNews
North America Polycarbonate Sheets Market Forecast Report 2025-2030, with Key Player Profiles for Covestro, CS Hyde, Gallina, San Diego Plastics, Palram, Stabilit Suisse, Lyon Plastic, Tileron & more
Notable market drivers include the replacement of glass with polycarbonate in construction, sustainability initiatives, and significant automotive manufacturing growth in the USA, Canada, and Mexico. ...
ADNOC's $13B deal for Covestro wins unconditional EU antitrust approval
Adnoc's $13 Billion Bid for Germany's Covestro Approved by EU
The European Commission cleared Abu Dhabi National Oil Co's acquisition of the chemicals group, removing a key regulatory hurdle for the deal to proceed.
ADNOC wins unconditional EU antitrust approval for Covestro deal
Abu Dhabi state oil giant ADNOC on Tuesday won unconditional EU antitrust approval for its 14.7 billion euro ($16.3 billion)takeover of German chemicals company Covestro , confirming an earlier Reuter...
Covestro AG (CVVTF) Q1 2025 Earnings Call Transcript
ADNOC Poised to Win EU Approval for $16.6 Billion Covestro Takeover
Abu Dhabis state oil giant ADNOC is reportedly on track to secure unconditional EU antitrust approval for its 14.7 billion ($16.6 billion) acquisition of Germanys Covestro, sources told Reuters on Tue...
Covestro AG GAAP EPS of -€0.19, revenue of €3.51B
ADNOC set to gain unconditional EU antitrust nod for Covestro deal - Reuters
Exclusive: EU antitrust regulators to okay ADNOC, Covestro deal, sources say
Abu Dhabi state oil giant ADNOC is set to secure unconditional EU antitrust approval for its 14.7 billion euro ($16.6 billion) takeover of German chemicals company Covestro , two people with direct kn...
EU regulators to decide on ADNOC's Covestro deal by May 12
EU antitrust regulators will decide by May 12 whether to clear Abu Dhabi state oil giant ADNOC's 15.9 billion euro ($17.2 billion) takeover of German chemicals company Covestro, a regulatory filing on...
LyondellBasell, Covestro to permanently close Netherlands POSM unit
Covestro AG (CVVTF) Q4 2024 Earnings Call Transcript
Covestro AG reports Q4 results; initiates outlook for FY 2025
Four Covestro U.S. Sites Now Running Entirely on Renewable Electricity
Result of virtual Power Purchase Agreement (vPPA) with Ørsted Provides 90 MW of renewable energy capacity Reduces approximately 90,000 tons of CO2 emissions annually PITTSBURGH , Feb. 19, 2025 /PRNews...
UAE Oil Giant Sees Chemical Firm Covestro as Base for Growth
Abu Dhabi National Oil Co. plans to keep Covestro AG, the German chemical maker it’s taking over, as a standalone business.
XRG significantly exceeds shareholder acceptance threshold for Covestro AG offer
XRG will be the new majority shareholder of Covestro, subject to outstanding regulatory approvals
Covestro shareholders accept ADNOC's XRG takeover offer
Shares tendered and bought by XRG are equivalent to 91.32% of Covestro's total outstanding shares, XRG said
Covestro: Good Valuation Timing, Decent Upside, But Price Is High (Rating Downgrade)
ADNOC says Covestro shareholders accept takeover offer
ADNOC said the additional acceptance period would start on Tuesday, allowing Covestro shareholders to accept the offer until Dec. 16
Big Oil Still Betting On Plastics Despite Sector Going Bust
Back in September, we reported that Abu Dhabi National Oil Co (ADNOC) signaled a willingness to raise its informal offer to 60 euros per share for a valuation of $12.6 billion for German plastics and ...
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.
ADNOC Buys Covestro for $12.3 Billion in a Strategic Move
ADNOC Buys Covestro for $12.3 Billion in a Strategic Move