Business description: Covestro AG

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.

Number of employees: 17,545

Sales by Activity: Covestro AG

Fiscal Period: December20192020202120222023

Performance Materials

- - 10.34B 12.06B 9.07B

Solutions & Specialties

- - 7.58B 8.59B 7.29B

Polycarbonates

3.47B 2.98B - - -

Polyurethanes

5.78B 5.02B - - -

All Other Segment

- - - - 234M

Reconciliation

- - - - -2.22B

Others /Reconciliation

791M 661M -2.02B -2.69B -

Coatings, Adhesives, Specialties

2.37B 2.04B - - -
See all business segments

Geographical breakdown of sales: Covestro AG

Fiscal Period: December20192020202120222023

Other

5.8B 4.99B 7.48B 8.24B 6.43B

United States

2.6B 2.13B 2.96B 3.87B 3.13B

China

2.46B 2.25B 3.54B 3.64B 3.08B

Germany

1.56B 1.34B 1.92B 2.22B 1.74B
See all geographic segments

Managers: Covestro AG

Director TitleAgeSince
Chief Executive Officer 55 2018-05-31
Director of Finance/CFO 48 2023-09-30
Chief Tech/Sci/R&D Officer 53 2023-06-30
Corporate Officer/Principal 62 2019-07-31
Corporate Officer/Principal 66 1999-12-31
See COVESTRO AG governance

Members of the board: Covestro AG

Manager TitleAgeSince
Director/Board Member 60 2015-09-30
Chairman 71 2018-05-31
Chairman 68 2015-08-19
Director/Board Member 58 2015-09-30
Director/Board Member 59 2015-09-30
Director/Board Member 69 2015-09-30
Director/Board Member 59 2017-01-31
Director/Board Member 63 2021-03-31
Director/Board Member 58 2022-03-31
Director/Board Member 63 2022-03-31
Composition of the Board of Directors

Shareholders: Covestro AG

NameEquities%Valuation
Emirate of Abu Dhabi (United Arab Emirates)
9.977 %
18,855,897 9.977 % 1 099 M €
Barclays Bank Plc (Private Banking)
3.802 %
7,186,542 3.802 % 419 M €
UBS Asset Management (UK) Ltd.
3.562 %
6,731,516 3.562 % 392 M €
Franklin Mutual Advisers LLC
3.056 %
5,775,272 3.056 % 337 M €
Silchester International Investors LLP
2.998 %
5,666,889 2.998 % 330 M €
NameEquities%Valuation
FIL Investments International (Germany)
-
275,500 - 17 M €
OFI Invest Asset Management SA
-
211,216 - 13 M €
SIGNAL IDUNA Asset Management GmbH
-
168,611 - 10 M €
State Street Global Advisors Ltd.
-
131,584 - 8 M €
Storebrand Asset Management AS
-
103,723 - 6 M €
NameEquities%Valuation
RhumbLine Advisers LP
0.002864 %
10,826 0.002864 % 314 788 €
GAMMA Investing LLC
0.000763 %
2,883 0.000763 % 83 829 €
Paradigm Asset Management Co. LLC
0.000582 %
2,200 0.000582 % 63 969 €
List of COVESTRO AG shareholders

Company details: Covestro AG

Covestro AG

Kaiser-Wilhelm-Allee 60

51373, Leverkusen

+49 214 6009 2000

http://www.covestro.com
address Covestro AG(1COV)

Group companies: Covestro AG

NameCategory and Sector
Chemicals: Major Diversified
Industrial Specialties
Covestro Procurement Services GmbH & Co. KG
Industrial Specialties
Chemicals: Specialty
See all subsidiaries

Plastics

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Change 5d. change 1-year change 3-years change Capi.($)
+0.35%+1.40%+20.54%+7.08% 11.28B
-0.49%-1.20%-28.40%-36.85% 27.15B
-2.25%-8.63%-53.88%-64.83% 11.2B
-2.90%-7.59%-53.73%-68.25% 6.5B
+1.29%+7.31%-2.17%+102.45% 5.82B
+4.47%+6.04%-8.41%-61.13% 5.52B
-2.97%-7.12%-54.29%-67.33% 4.65B
+0.90%+4.67%-29.07%-87.44% 4B
+3.78%+15.05%+47.99%-3.17% 3.79B
+1.73%-0.78%+27.98%-21.21% 2.94B
Average +0.39%+1.31%-13.34%-30.07% 8.29B
Weighted average by Cap. -0.14%+0.26%-19.98%-31.00%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
57.80EUR
Average target price
61.80EUR
Spread / Average Target
+6.92%
Consensus

Quarterly revenue - Rate of surprise