1COV.DE
Latest Trade
56.96EURChange
0.62(+1.10%)Volume
933,282Today's Range
-
58.2052 Week Range
-
63.24As of on the XETRA ∙ Minimum 15 minute delay
Previous Close | 56.34 |
|---|---|
Open | 57.10 |
Volume | 933,282 |
3M AVG Volume | 15.27 |
Today's High | 58.20 |
Today's Low | 56.52 |
52 Week High | 63.24 |
52 Week Low | 39.50 |
Shares Out (MIL) | 193.16 |
Market Cap (MIL) | 10,884.89 |
Forward P/E | 7.48 |
Dividend (Yield %) | 2.31 |
Covestro And EnvisionTEC Collaborate On Material And Printer Solutions
Covestro CEO - Brunsbuettel Situation To Burden Q3 Volume Growth - Conf Call
Covestro Q2 Result Up At EUR 449 Mln
Covestro AG is a Germany-based company engaged in the manufacturing of polymer materials. It develops, produces and markets polyurethanes, polycarbonates and raw materials, as well as coatings, adhesives and other specialties. The Company's activities are divided into three segments: Polyurethanes, offering precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries, and rigid foam used as insulating material in the construction industry and in refrigeration chains; Polycarbonates, providing plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, medical technology, lighting industries, among others; and Coatings, Adhesives, Specialties, producing precursors for coatings, adhesives, sealants and specialties, as well as polymer materials and aqueous dispersions for use in automotive and transportation, wood processing and furniture applications, among others.
Industry
Containers & Packaging
Executive Leadership
Richard Pott
Independent Chairman of the Supervisory Board
Markus Steilemann
Chairman of the Management Board, Chief Executive Officer
Petra Kronen
Vice Chairman of the Supervisory Board
Thomas Toepfer
Member of the Management Board, Chief Financial Officer, Labor Director
Klaus Schaefer
Member of the Management Board, Chief Technology Officer
Price To Earnings (TTM) | 8.08 |
|---|---|
Price To Sales (TTM) | 0.84 |
Price To Book (MRQ) | 1.64 |
Price To Cash Flow (TTM) | 5.12 |
Total Debt To Equity (MRQ) | 45.19 |
LT Debt To Equity (MRQ) | 35.47 |
Return on Investment (TTM) | 12.27 |
Return on Equity (TTM) | 9.77 |
German chemicals maker Covestro plans to cut up to 1,700 of its 16,500 jobs worldwide, the Rheinische Post newspaper said.
Robust demand and high chemicals prices mean Covestro expects volumes and margins to continue rising beyond 2021, the German company said on Friday.
German plastics group Covestro AG on Tuesday raised the outlook for its profit, cash flow and return on capital this year on the back of an improvement in margins at its core operating business.
German plastics group Covestro AG on Tuesday raised the outlook for its profit, cash flow and return on capital this year on the back of an improvement in margins at its core operating business.
Germany's Covestro <1COV.DE> will buy Dutch peer DSM's <DSMN.AS> Resins and Functional Materials business for about 1.6 billion euros ($1.88 billion), banking on a rebound of a global economy depressed by the coronavirus pandemic.
Covestro, which on Wednesday agreed to buy coatings businesses from DSM, said the ongoing recovery in demand had gained momentum, giving the chemicals maker confidence about the remainder of the year.
German plastics maker Covestro <1COV.DE> rejected a report on Friday that it was in takeover talks with private equity firm Apollo Global Management <APO.N>.
Shares in German blue-chip company Covestro <1COV.DE> rose by 9.9% in early trade on Friday after Bloomberg reported private equity firm Apollo Global Management <APO.N> was exploring a takeover of the plastics maker.
Private equity firm Apollo Global Management Inc <APO.N> is exploring a takeover of German plastics maker Covestro AG <1COV.DE>, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-09-17/apollo-said-to-weigh-deal-for-10-billion-plastics-firm-covestro?sref...
Covestro <1COV.DE> is on track for better-than-expected earnings in the third quarter as stay-at-home workers' appetite to upgrade their mobile devices and furniture drives demand for the company's materials, its finance chief told Reuters.
Covestro is on track for better-than-expected earnings in the third quarter as stay-at-home workers' appetite to upgrade their mobile devices and furniture is driving demand for the company's materials.
Covestro is on track for better-than-expected earnings in the third quarter as stay-at-home workers' appetite to upgrade their mobile devices and furniture is driving demand for the company's materials.
German chemicals maker Covestro's steady post-pandemic recovery has continued so far in July thanks to a strong performance of its polycarbonate division, the group's finance chief said on Thursday.
German chemicals group Covestro <1COV.DE> on Thursday said it expected its second quarter results, due to be published on July 23, would come in above market expectations.
Covestro expects to beat quarterly core profit expectations by more than 50%, the German chemicals maker said on Thursday.
German chemicals maker Covestro <1COV.DE> believes it can weather the coronavirus crisis thanks to its balanced customer base, geographical mix and strong balance sheet, the company said on Wednesday.
* COVESTRO CFO SAYS IS CURRENTLY NOT PLANNING TO APPLY FOR STATE AID Further company coverage:
German chemicals maker Covestro reported an 89% plunge in quarterly profit on Wednesday, hurt by weak demand in China due to coronavirus pandemic-driven production disruptions and as strong competition led to a decline in products prices.
German chemicals maker Covestro <1COV.DE> on Wednesday withdrew its 2020 forecast due to the negative impact of the new coronavirus on business and core volume growth in the first quarter.
* CORONAVIRUS IMPACT ON FY CURRENTLY NOT FORESEEABLE Further company coverage: (Berlin Speed Desk)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.