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 (Afternoon Session) Transcript

Sep 30, 2020 / 01:00PM GMT

Transcript

Ronald Koehler

Covestro AG - Head of IR

Thank you. Yes, and good morning to our U.S. participants. That is obviously the call, I guess, mainly for you guys in the U.S. Nevertheless, I also welcome all other participants, and I'm happy to hear you then perhaps also a second time. We obviously will have a speech at the beginning and then a Q&A afterwards. We will try to give you even a bit more details than we have given you in the morning, so some additional flavors. And I also want to remind you on our safe harbor statement, which is on Page #1. And with that, I would just like to pass it on to Markus.

Markus Steilemann

Covestro AG - CEO & Chairman of Management Board

Thanks, Ronald. And very good afternoon/good morning to everyone at a day where Covestro made a significant step forward to also become a leading sustainable coating resins player. As you have read this morning, we reached agreement with DSM to acquire DSM's Resin & Functional Materials business. With this conference call, we will present you the details of this transaction, and you

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