Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
48.31 EUR | -0.86% | -4.54% | -8.24% |
Apr. 17 | Covestro Says No Deadline to Conclude ADNOC talks, to Take the Necessary Time to Conclude ADNOC talks | CI |
Apr. 17 | Covestro takeover by oil group Adnoc still up in the air | DP |
Business Summary
- specialty products (50.5%): raw materials for coatings, adhesives and films;
- performance materials (47.8%): polyurethanes (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) and polycarbonates (high-performance polycarbonates used in automotive components, roof structures and medical devices);
- other (16.3%).
At the end of 2023, the group operated 48 production sites around the world.
Net sales are distributed geographically as follows: Germany (12.1%), the United States (21.8%), China (21.4%) and other (44.7%).
Number of employees: 17,276
Sales per Business
EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Solutions & Specialties
50.5
%
| 8,558 | 47.6 % | 7,267 | 50.5 % | -15.09% |
Performance Materials
47.8
%
| 9,095 | 50.6 % | 6,876 | 47.8 % | -24.40% |
All Other
1.6
%
| 315 | 1.8 % | 234 | 1.6 % | -25.71% |
Sales per region
EUR in Million | 2022 | Weight | 2023 | Weight | Delta |
---|---|---|---|---|---|
Europe, Middle East, Africa and Latin America except Mexico
40.8
%
| 7,603 | 42.3 % | 5,869 | 40.8 % | -22.81% |
Asia Pacific
32.6
%
| 5,669 | 31.6 % | 4,693 | 32.6 % | -17.22% |
North America
26.5
%
| 4,696 | 26.1 % | 3,815 | 26.5 % | -18.76% |
Managers
Managers | Title | Age | Since |
---|---|---|---|
Chief Executive Officer | 54 | 15-07-31 | |
Christian Baier
DFI | Director of Finance/CFO | 47 | 23-09-30 |
Thorsten Dreier
CTO | Chief Tech/Sci/R&D Officer | - | 23-06-30 |
Michelle Jou
PRN | Corporate Officer/Principal | 55 | - |
Thomas Elsner
PRN | Corporate Officer/Principal | 66 | 99-12-31 |
Sucheta Govil
PRN | Corporate Officer/Principal | 61 | 19-07-31 |
Members of the board
Members of the board | Title | Age | Since |
---|---|---|---|
Lise Kingo
BRD | Director/Board Member | 62 | 21-03-31 |
Director/Board Member | 68 | 15-09-30 | |
Patrick Thomas
CEO | Chief Executive Officer | 67 | 15-08-19 |
Petra Kronen
BRD | Director/Board Member | 59 | 15-09-30 |
Director/Board Member | 57 | 15-09-30 | |
Director/Board Member | 65 | 20-01-06 | |
Sven Schneider
BRD | Director/Board Member | 58 | 22-03-31 |
Frank Löllgen
BRD | Director/Board Member | 62 | 22-03-31 |
Irena Küstner
BRD | Director/Board Member | 58 | - |
Marc Stothfang
BRD | Director/Board Member | 58 | - |
Share class
Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
---|---|---|---|---|---|
Stock A | 1 | 189,000,000 | 184,940,149 ( 97.85 %) | 259,670 ( 0.1374 %) | 97.85 % |
Company contact information
Group companies
Name | Category and Sector |
---|---|
Covestro LLC (United States)
Covestro LLC (United States) Chemicals: SpecialtyProcess Industries Covestro LLC develops, produces and distributes polymers. The company is headquartered in Pittsburgh, PA. |
Chemicals: Specialty
|
Covestro (Hong Kong) Ltd.
Covestro (Hong Kong) Ltd. Wholesale DistributorsDistribution Services Part of Covestro AG, Covestro (Hong Kong) Ltd. is a Chinese company that imports and exports industrial chemicals. The private company is based in Hong Kong, Hong Kong. |
Wholesale Distributors
|
Bayer MaterialScience Pvt Ltd.
Bayer MaterialScience Pvt Ltd. Chemicals: SpecialtyProcess Industries Part of Covestro AG, Bayer MaterialScience Pvt Ltd. is an Indian company that manufactures thermoplastic urethanes and other chemicals. The private company is based in Thane, India. |
Chemicals: Specialty
|
Covestro (France) SNC
Covestro (France) SNC Chemicals: SpecialtyProcess Industries Part of Covestro AG, Covestro (France) SNC is a French company that manufactures basic plastics. The private company is based in Fos Sur Mer, France. The company was founded in 2000. The CEO is Francois Laurent. |
Chemicals: Specialty
|
Sumika Covestro Urethane Co., Ltd.
Sumika Covestro Urethane Co., Ltd. Industrial SpecialtiesProcess Industries Part of Covestro AG, Sumika Covestro Urethane Co., Ltd. is a leading supplier of premium polymers. The private company is located in Japan. The Japanese company's materials and application solutions are used in almost every aspect of modern life. Innovation and sustainability are the driving forces behind the continuous development of their products, processes, and facilities. |
Industrial Specialties
|
Covestro Korea Corp.
| |
DSM Coating Resins BV
DSM Coating Resins BV Chemicals: SpecialtyProcess Industries Part of DSM BV, DSM Coating Resins BV is a Dutch company that manufactures and supplies amino resins and thermosets. The private company is based in Rotterdam, the Netherlands. |
Chemicals: Specialty
|
DSM Desotech BV
DSM Desotech BV Chemicals: SpecialtyProcess Industries Part of DSM BV, DSM Desotech BV is a Dutch company that develops and produces nutrition, pharmacy, and material science products. The private company is based in Hoek van Holland, the Netherlands. |
Chemicals: Specialty
|
Covestro International SA
Covestro International SA Wholesale DistributorsDistribution Services Part of Covestro AG, Covestro International SA is a Swiss company that wholesales chemical products. The private company is based in Fribourg, Switzerland. |
Wholesale Distributors
|
Sales per Business
Sales per region
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-7.50% | 9.84B | |
+3.46% | 39.9B | |
-25.45% | 20.56B | |
-12.75% | 13.5B | |
-11.88% | 9.86B | |
-7.71% | 6.38B | |
-0.87% | 6.18B | |
-31.34% | 5.26B | |
-15.05% | 3.68B | |
-35.57% | 3.03B |
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