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Covestro AG (1COV.DE)

1COV.DE on Xetra

57.86EUR
5:46am EDT
Change (% chg)

€-1.94 (-3.24%)
Prev Close
€59.80
Open
€60.00
Day's High
€60.02
Day's Low
€57.68
Volume
595,470
Avg. Vol
967,948
52-wk High
€95.78
52-wk Low
€57.68

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About

Covestro AG is a Germany-based company engaged in the manufacture of plastic materials. The Company specializes in developing, producing and marketing of polyurethanes, polycarbonates and raw materials for automotive, construction, packing, wood and furniture, sports and leisure, medical, textile, cosmetics, as well as... (more)

Overall

Beta: --
Market Cap(Mil.): €13,518.90
Shares Outstanding(Mil.): 202.50
Dividend: 2.20
Yield (%): 3.30

Financials

  1COV.DE Industry Sector
P/E (TTM): 5.79 24.79 31.59
EPS (TTM): 11.54 -- --
ROI: 28.76 11.97 6.94
ROE: 45.23 16.14 9.36

Covestro to invest $1.7 billion in Texas chemical plant

FRANKFURT Germany's Covestro will invest 1.5 billion euros ($1.7 billion) in a new plant in Texas to produce the main chemical used in polyurethane foams, taking up a challenge posed by rivals' growth plans.

Oct 09 2018

UPDATE 2-Covestro to invest $1.7 bln in Texas chemical plant

* Baytown project expenditures to peak 2021-2023 (Adds CEO comment on rival projects, investment spread over time)

Oct 09 2018

Covestro to invest 1.5 bln euros in Texas chemical plant

FRANKFURT, Oct 9 Germany's Covestro, the former plastics unit of Bayer, will invest 1.5 billion euros ($1.7 billion) in a new production plant in Baytown, Texas for chemicals that go into rigid insulation foams.

Oct 09 2018

Exclusive: Bayer puts stake in chemical park operator up for sale - sources

FRANKFURT Bayer is inviting financial investors to bid for its 60 percent stake in chemical park operator Currenta after initially failing to agree a sale to its former chemicals subsidiary Covestro, three people familiar with the matter told Reuters.

Sep 17 2018

UPDATE 1-Covestro raises profit guidance and investment plans on strong demand

* Q2 EBITDA up 16.2 percent to 985 bln euros vs f'cast 1.2 bln

Jul 26 2018

Covestro ups profit guidance on strong plastics demand

FRANKFURT, July 26 Germany's Covestro raised its earnings guidance and bolstered its investment ambitions, encouraged by strong demand for its specialty materials such as transparent polycarbonate plastics.

Jul 26 2018

Covestro Q1 earnings up on higher prices for foam chemicals

FRANKFURT, April 26 Higher Prices for foam chemicals and transparent plastics helped Germany's Covestro post a gain of more than a quarter in quarterly core earnings.

Apr 26 2018

Earnings vs. Estimates