Covestro AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 09:19 am EDT
Covestro AG reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was EUR 4,703 million compared to EUR 3,956 million a year ago. Net income was EUR 199 million compared to EUR 449 million a year ago. Basic earnings per share from continuing operations was EUR 1.04 compared to EUR 2.32 a year ago. Diluted earnings per share from continuing operations was EUR 1.04 compared to EUR 2.32 a year ago.
For the six months, sales was EUR 9,386 million compared to EUR 7,263 million a year ago. Net income was EUR 615 million compared to EUR 842 million a year ago. Basic earnings per share from continuing operations was EUR 3.2 compared to EUR 4.36 a year ago. Diluted earnings per share from continuing operations was EUR 3.2 compared to EUR 4.36 a year ago.