Covestro AG

Common Name
Covestro
Country
Germany
Sector
Basic Materials
Industry
Specialty Chemicals
Employees
17,542
Ticker
1COV
Exchange
XETRA
Description
Covestro AG is a leading global manufacturer in the materials sector, primarily focusing on producing sustainable polymer solutions. As a distinguished entity in the chemical industry, Covestro AG spe...

Financial Statements of Covestro

Below are the financial statements of Covestro, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of EUR20242023
Sales
14,179a
14,377a
Cost of goods sold
-12,002a
-12,071a
Gross profit
2,177a
2,306a
Selling expenses
-1,513a
-1,489a
Research and development expenses
-392a
-374a
General administration expenses
-343a
-360a
Other operating income
228a
272a
Other operating expenses
-70a
-169a
EBIT
87a
186a
Equity-method loss
-4a
-20a
Result from other affiliated companies
2a
1a
Interest income
56a
70a
Interest expense
-145a
-160a
Other financial result
-23a
-4a
Financial result
-114a
-113a
Income before income taxes
-27a
73a
Income taxes
-245a
-275a
Income after income taxes
-272a
-202a
Attributable to noncontrolling interest
-6a
-4a
Attributable to Covestro AG shareholders (net income)
-266a
-198a

Verified Sources Behind Covestro’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Covestro’s data sources below and access millions more through our Disclosure Search.

a. Covestro's Annual Report 2024
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