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

Q3 2023 Covestro AG Earnings Call Transcript

Oct 27, 2023 / 01:30PM GMT

Release Date Price: MXN756.54

Transcript

Ronald Koehler

Covestro AG - Head of IR

Welcome to the Covestro Earnings call on the third quarter results. The company is represented by Markus Steilemann, CEO; and Christian Baier, CFO; (Operator Instructions). I assume you have read the safe harbour 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 hello, and a very warm welcome to our third quarter call. After saying goodbye to Thomas Toepfer in the last earnings call, I have a great pleasure to welcome the new CFO of Covestro, Christian Baier in this round. Christian is an esteemed top manager with a long-standing experience in the capital markets. He had been a member of the Management Board of METRO AG as Chief Financial Officer since 2016.

This had been preceded by various executive positions at the international wholesaler from 2011 before being promoted to the position of CFO. Prior to his career at METRO, Christian had been with Permira, a global investment firm and

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