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

Q4 2022 Covestro AG Earnings Call Transcript

Mar 02, 2023 / 03:30PM GMT

Release Date Price: MXN756.54

Transcript

Ronald Koehler

Covestro AG - Head of IR

Welcome to the Covestro Earnings call on the full year '22 results. The company is represented by Markus Steilemann, CEO; and Thomas Toepfer, CFO. (Operator Instructions) You will find the annual report and earnings call presentation on our IR website. I assume you have read the safe harbor statement. With that, I would now like to turn the conference over to Markus.

Markus Steilemann

Covestro AG - CEO & Chairman of Management Board

Thank you, Ronald, and good afternoon, a warm welcome also from my side. Looking back to the year 2022, we must clearly admit that the last year was challenging. The effects of the coronavirus lockdown in China during the second quarter caused severe disruptions of logistic chains within China and the rest of the world. Then the war in Ukraine also with a tremendous humanitarian impact. We have and continue to support the Ukrainian people with our donations through the United Nations Refugee Agency and our local country organizations in Poland and Slovakia.

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