Covestro AG (MEX:1COV)
MXN 756.54 0 (0%) Market Cap: 233.74 Bil Enterprise Value: 292.59 Bil PE Ratio: 0 PB Ratio: 1.64 GF Score: 70/100

Q1 2022 Covestro AG Earnings Call Transcript

May 03, 2022 / 01:30PM GMT
Release Date Price: MXN1274.15
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Covestro earnings call on the first quarter of 2022. The company is represented by Markus Steilemann, CEO; Thomas Toepfer, CFO; and Ronald Koehler, Investor Relations. (Operator Instructions)

I'd now like to turn over the conference to Ronald Koehler. Please go ahead, sir.

Ronald Koehler
Covestro AG - Head of IR

Good afternoon, and thank you for joining our first quarter earnings call. The quarterly report and the earnings call presentation is available on our IR website, and I assume you have read our safe harbor statement.

And with that, I'll turn the mic to Markus.

Markus Steilemann
Covestro AG - CEO & Chairman of Management Board

Thanks a lot, Ronald, and hello and a warm welcome also from my side to the results of our first quarter. Actually, the first quarter with the war in the Ukraine. When we spoke last time on March 1, all of us were under the shock of the Russian invasion the week before. What has happened in Ukraine

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