Covestro AG (MEX:1COV)

MXN 756.54 0 (0%) Market Cap: 234.15 Bil Enterprise Value: 293.16 Bil PE Ratio: 0 PB Ratio: 1.63 GF Score: 70/100

Covestro AG Acquisition of DSMs Resins & Functional Materials and Innovation Ventures Investor Call (Morning Session) Transcript

Sep 30, 2020 / 06:45AM GMT

Transcript

Ronald Koehler

Covestro AG - Head of IR

Yes, good morning,

Today in the morning, we try to keep it quite short. We would do a quick presentation just to give you some highlights on the chart and give you guys some chances to ask question afterwards. The idea is to conclude that call in, let's say, 30, 40 minutes, and let's give you the chance for the most pressing questions. We will elaborate a bit more deeply also for our U.S. friends in the afternoon at 3:00.

And last, not least, I would remind you that we have a safe harbor statement stated as usually in the front of the presentation. And with that, I would like to turn it over to Markus.

Markus Steilemann

Covestro AG - CEO & Chairman of Management Board

Good morning, everyone, at a morning where Covestro made a significant step forward to also become a leading sustainable coating resin player. As you have read this morning, we reached agreement with DSM to acquire DSM's Resins & Functional Materials business.

With this conference call, we will present you the details

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