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    1COV   DE0006062144

COVESTRO AG

(1COV)
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Business Summary
Logo Covestro AG
Covestro AG is one of the world's leading manufacturers of polymer materials. Its products are primarily used in the automotive, construction, electronics, furniture and textile industries. Net sales break down by family of products as follows:

- polyurethanes (46.9%): flexible polyurethane foam mainly used in furniture, mattress and car seat upholstery, and rigid polyurethane foam used in the composition of building and refrigeration equipment insulation;

- polycarbonates (27.9%): high-performance polycarbonates used in automotive components, roof structures and medical devices;

- specialty products (19.1%): raw materials for coatings, adhesives and films;

- other (6.4%).

At the end of 2020, the group operated about 33 production sites around the world.

Net sales are distributed geographically as follows: Germany (12.5%), United States (19.9%), China (21%) and others (46.6%).

Number of employees : 17 052 people.
Sales per Business
20192020Delta
EUR (in Million)%EUR (in Million)%
Polyurethanes5,77946.6%5,02146.9% -13.12%
Polycarbonates3,47328%2,98527.9% -14.05%
Coatings, Adhesives, Specialties2,36919.1%2,03919% -13.93%
All Other791.006.4%661.006.2% -16.43%
Sales per region
20192020Delta
EUR (in Million)%EUR (in Million)%
Europe, Middle East, Africa and Latin America Excluding Mexico5,23942.2%4,55442.5% -13.08%
Asia Pacific3,96431.9%3,53933.1% -10.72%
North American Free Trade Agreement3,20925.9%2,61324.4% -18.57%
Managers
NameAgeSinceTitle
Markus Steilemann502018Chief Executive Officer
Thomas Toepfer482019Chief Financial Officer & Labor Director
Klaus Schäfer582015Chief Technology Officer
Ilia Kürten--Director-Investor Relations
Thomas Elsner, Dr.632015Head-Customer & Product Management
Sucheta Govil572019Chief Commercial Officer
Michelle Jou512016President-Polycarbonates
Members of the board
NameAgeSinceTitle
Richard Pott672018Chairman-Supervisory Board
Petra Kronen562015Vice Chairman-Supervisory Board
Johannes M. Dietsch592015Member-Supervisory Board
Christine Maria Bortenlänger, Dr.542015Member-Supervisory Board
Irena Küstner542015Member-Supervisory Board
Regine Stachelhaus642015Member-Supervisory Board
Rolf Nonnenmacher, Dr.662015Member-Supervisory Board
Frank Werth502016Member-Supervisory Board
Marc Stothfang542017Member-Supervisory Board
Ulrich Liman, Dr.612018Member-Supervisory Board
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 193,200,000 187,393,143 97.0% 39,456 0.0% 97.0%
Shareholders
NameEquities%
Norges Bank Investment Management 9,547,037 4.94%
Union Investment Privatfonds GmbH 6,226,981 3.22%
Bayer Aktiengesellschaft 5,767,401 2.99%
The Vanguard Group, Inc. 4,476,816 2.32%
DWS Investments (UK) Ltd. 4,126,799 2.14%
Lyxor International Asset Management SAS 3,922,084 2.03%
T. Rowe Price Associates, Inc. (Investment Management) 3,777,120 1.96%
BlackRock Investment Management (UK) Ltd. 3,356,139 1.74%
Franklin Mutual Advisers LLC 3,124,619 1.62%
Eleva Capital LLP 3,075,600 1.59%
Holdings
NameEquities%Valuation
Covestro AG (1COV) 39,4560.020%2,584,794 USD
Markets and indexes
-
- Prime Standard
- DAX 30 / PEA, STOXX Europe 600
Stock Exchange Codes
- Bloomberg Code :  
- Reuters Code :  1COV.DE
- Datastream Code :  
Company contact information
Covestro AG
Kaiser-Wilhelm-Strasse Allee 60
DE-51373 Leverkusen, Nordrhein-Westfalen


Phone : +49 214 6009 2816
Fax :
web site : https://www.covestro.com
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