Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now Frankfurt - Delayed Quote • EUR Covestro AG (1COV.F) Follow Compare 58.46 -0.08 (-0.14%) At close: March 14 at 5:34:57 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Adnoc, OMV Reach Deal to Form $60 Billion Petrochemical Giant Abu Dhabi’s Adnoc and Austria’s OMV reached an agreement to combine their petrochemical businesses and subsequently acquire Canada’s Nova Chemicals to form a giant with a combined value of about $60 billion. Covestro AG (COVTY) Full Year 2024 Earnings Call Highlights: Navigating Challenges with ... Despite a slight dip in sales and a net income loss, Covestro AG (COVTY) focuses on sustainable growth and operational efficiency to drive future success. Covestro AG (CVVTF) Q3 2024 Earnings Call Highlights: Strong Volume Growth Amid Pricing Challenges Covestro AG (CVVTF) reports robust volume growth and positive cash flow, despite facing pricing pressures and sector-specific challenges. ADNOC to buy German chemical company Covestro in $12.9bn deal Upon completion, ADNOC expects this transaction to help it become a top five global chemicals player. ADNOC expected to make formal offer for Covestro of about $15.9 billion, FT reports Having circled the German chemicals firm for more than a year, ADNOC in June won the target company over to disclose more data and have in-depth talks, based on an improved indicative bid of 11.7 billion euros or 62 euros per share. Covestro, which makes plastics and chemicals for construction and engineering, said at the time it was opening its books to ADNOC because an agreement on core aspects including Covestro's growth strategy may be reached. A spokesperson for Covestro said the company had read the FT report with interest and did not comment further. Covestro (COVTY), Carlisle Tie Up for Sustainable Construction Covestro (COVTY) operates ISCC PLUS-certified facilities in every major global market, including its manufacturing location in Baytown. Covestro and Carlisle to bring biocircular products to construction industry This initiative is set to lower the embodied carbon in Carlisle's high-performance polyiso insulation boards. Covestro Second Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags Covestro ( ETR:1COV ) Second Quarter 2024 Results Key Financial Results Revenue: €3.69b (flat on 2Q 2023). Net loss... Covestro recycles Chinese auto plastics To reuse end of life plastic automotive components Covestro signs ten-year PPA with bp for solar energy in Spain The solar power will be sourced from an operational PV farm in Teruel, located in Spain's Aragon region. Adnoc’s long Covestro chase set to achieve Europe’s largest takeover of year Sheikh Mohammed bin Zayed al-Nahyan, president of the United Arab Emirates, found a request from Abu Dhabi’s National Oil Company Adnoc in his... Investors in Covestro (ETR:1COV) have seen returns of 28% over the past year If you want to compound wealth in the stock market, you can do so by buying an index fund. But if you pick the right... Q1 2024 Stratasys Ltd Earnings Call Q1 2024 Stratasys Ltd Earnings Call Stratasys (SSYS) Q1 2024 Earnings Call Transcript SSYS earnings call for the period ending March 31, 2024. Germany's VCI sees chemicals sector 'bright spots' as lifts forecast Germany's chemicals industry association raised its annual output forecast on Wednesday, highlighting 'bright spots' after a better than forecast start to 2024 due to higher demand outside Europe, particularly in Asia, North America and Latin America. The VCI lobby group, which represents around 1,900 companies in Germany's third-largest industrial sector, now expects production volumes including pharmaceuticals to rise by 3.5%. "We are now looking to the future with a little more confidence, as growth prospects are slowly brightening," said VCI President Markus Steilemann, who is also Chief Executive of chemicals group Covestro. Is Covestro (COVTY) a Great Value Stock Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Institutional investors control 66% of Covestro AG (ETR:1COV) and were rewarded last week after stock increased 3.5% Key Insights Significantly high institutional ownership implies Covestro's stock price is sensitive to their trading... Performance Overview Trailing total returns as of 3/14/2025, which may include dividends or other distributions. Benchmark is DAX P Return 1COV.F DAX P YTD +4.17% +15.46% 1-Year +20.66% +28.12% 3-Year +34.58% +65.03%