Covestro AG (XTER:1COV)
€ 57.98 0.06 (0.1%) Market Cap: 10.93 Bil Enterprise Value: 13.68 Bil PE Ratio: 0 PB Ratio: 1.64 GF Score: 71/100

Q3 2024 Covestro AG Earnings Call Transcript

Oct 29, 2024 / 01:00PM GMT
Release Date Price: €58.22
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

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot