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XETR
1COV
Market cap14bUSD
Aug 28, Last price  
59.80EUR
Name

Covestro AG

Chart & performance

D1W1MN
XETR:1COV chart
P/E
P/S
0.96
EPS
Div yield, %
Shrs. gr., 5y
0.53%
Rev. gr., 5y
3.87%
Revenues
Net income
CFO
Dividend
Apr 22, 20223.4 EUR/sh

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Profile

Covestro AG, a German company established in Leverkusen in 1863, specializes in providing cutting-edge polymer materials along with associated application solutions. Its operations are structured into two principal divisions: 1. Performance Materials: This segment is dedicated to the creation, production, and supply of premium materials, including polyurethanes and polycarbonates. It also offers fundamental chemicals such as diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins. These substances are vital for various industries, including furniture manufacturing, wood processing, construction, and the automotive and transportation sectors. Their applications range from roof structures and insulation for buildings and refrigerators to mattresses and car seats. 2. Solutions & Specialties: This division encompasses a diverse portfolio of polymer products. These include precursors used in coatings and adhesives, specialized polycarbonates, MDI derivatives, various polyols, unique films, elastomers, and thermoplastic polyurethanes. These materials cater to demanding industries like automotive, transportation, electrical, electronics, household appliances, construction, and healthcare. Furthermore, they are incorporated into composite resins for items such as wind turbine rotor blades, laptop casings, and floodlights. Covestro distributes its products globally via trading houses and a network of distributors. The company maintains a significant presence across Europe, the Middle East, Africa, Latin America, the United States, Canada, and the People's Republic of China.
IPO date
Oct 06, 2015
Employees
17,591
Domiciled in
DE
Incorporated in
DE

Valuation

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