Investor Relations

Positive momentum continued, forecast raised:

Strong first quarter for Covestro

Core volumes up 9.0% year-on-year / EBITDA grew 66.5% to EUR 846 million / Net income rose 157.1% to EUR 468 million / Free operating cash flow 174% higher year-on-year / Forecast raised


In response to positive market developments:

Covestro continues MDI production in Tarragona

Closure of production facility suspended


All targets reached or exceeded:

Covestro achieves record year

Core volumes up 7.5% year-on-year / Adjusted EBITDA rose by 22.7% to EUR 2.0 billion / Strong increase in Free Operating Cash Flow / Net income more than doubled / Proposed dividend of EUR 1.35 per share / Confident outlook for 2017


Covestro lifts force majeure on polyurethane raw materials

Supplier of nitric acid has re-started production


Easier access to U.S. capital market

Covestro launches sponsored American depositary receipt (ADR) program

Access to shares simplified for global investors / Foundation for U.S. employees to take part in future share participation programs / Bank of New York Mellon to serve as depositary bank


Forecast again raised slightly:

Covestro continues strong results in third quarter

Core volumes up 9.1% year-on-year / Adjusted EBITDA rose by 21.9% to EUR 574 million / Net income increased by 61.9% to EUR 259 million / Free Operating Cash Flow more than doubled / Forecast for full-year 2016 again raised slightly


Force majeure on polyurethane raw materials MDI and TDI remains in effect

Covestro expects no negative effects on business targets for 2016


Covestro doubles production capacities for high-tech plastic at Shanghai site

Global number one in polycarbonate resins

Inauguration of two new production lines / Responding to growing demand in Asia / Last cornerstone of multi-year investment program


Volumes and profitability further increased

Strong second quarter for Covestro

Core volumes increased by 7.7% year-on-year / Adjusted EBITDA rose by 8.8% to EUR 542 million / Net income up 51.3% year-on-year / Bayer loans repaid in full / Outlook raised for full year 2016


New world-scale plant for precursor HDI in Shanghai, China opened

Covestro expands position in coating raw materials

Capacity at site increased by about 50,000 metric tons per year / Response to growing demand / Production particularly environmentally friendly, efficient and safe