Full-year guidance confirmed, economic environment remains uncertain Core volumes decrease by 22.7% Group sales total approximately EUR 2.2 billion (–32.9%) EBITDA of EUR 125 million Net income of EUR –52 million Free operating cash flow…
Placement in two tranches with maturities of 5 years and 10 years Investor demand was exceptionally high with the orderbook being more than 10 times oversubscribed CFO Dr. Thomas Toepfer: “Even in these challenging times,…
MUMBAI, 21st May, 2020 (GPN):- At its meeting today, the Board of Management of Covestro AG has decided to propose a dividend of EUR 1.20 per share for the 2019 fiscal year to the Annual General…
MUMBAI, 17 APRIL, 2020 (GPN): Statement By Mr. Avinash Bagdi, Head of Finance, Covestro India The Reserve Bank of India has further given a stimulus to the economy by announcing the second tranche of liquidity…
MUMBAI, 31st MARCH, 2020 (GPN): With COVID-19 crisis which is impacting the Indian and global economy at large, it has become utmost important to monetize the deficit and ensure cash flow and liquidity in the…
MUMBAI, FEBRUARY 15, 2020 (GPN) : The 4th edition of Noida Grand Marathon witnessed participation from over 3500 people from Noida, Delhi, Greater Noida, Indirapuram, NCR, and even neighboring states. An initiative of Piku Sports, the Noida…
MUMBAI, 20 DECEMBER, 2019 (GPN): Covestro India, one of India’s leading producers of advanced and high-performance polymers announced the appointment of Mr. Anand Srinivasan, currently the Head of Polycarbonates, as its new Managing Director. Srinivasan…
MUMBAI, 20 NOVEMBER, 2019 (GPN): Covestro has entered into a distribution agreement with BÜFA Thermoplastic Composites, a supplier of raw materials and semi-finished products for thermoplastic components. The agreement grants BÜFA distribution rights forMaezio™ thermoplastic UD (unidirectional)…
MUMBAI, 13th NOVEMBER, 2019 (GPN):- Augmented Reality (AR) is currently one of the hottest development topics in consumer electronics. This topic has already been hyped as the next game changer like the smartphone in our daily…
NEW DELHI, 7th NOVEMBER, 2019 (GPN) : Covestro, one of the world’s leading producers of advanced and high-performance polymers has successfully commenced the first phase of #STEM4GirlsFestival2019 in Greater Noida starting from today. The initiative will continue…
