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 2024 Covestro AG Earnings Call Transcript

Oct 29, 2024 / 01:00PM GMT

Release Date Price: MXN756.54

Transcript

Ronald Koehler

Covestro AG - Head - Investor Relations

Welcome to the Covestro earnings call on the Q3 results. The company today is represented by Christian Baier, CFO. You have to excuse the absence of our CEO, Markus Steilemann; he currently attends an economic summit convened by the German Chancellor, Olaf Scholz, in Berlin. Markus is attending this summit in a double function as the CEO of Covestro and also as a President of the German Chemical Association.

(Event Instructions). You will find the quarterly statement and the 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 Christian.

Christian Baier

Covestro AG - Chief Financial Officer, Member of the Management Board

Thank you, Ronald, and hello, and a warm welcome to our third-quarter call. Before coming to the business of the last quarter, let me update you on the status of the announced transaction with ADNOC. The signing of the investment agreement on October 1 marked the

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