Covestro AG (COVTY)

OTCMKTS · Delayed Price · Currency is USD
33.92
-0.04 (-0.12%)
Sep 25, 2025, 2:40 PM EDT
10.76%
Market Cap 12.69B
Revenue (ttm) 16.25B
Net Income (ttm) -443.92M
Shares Out n/a
EPS (ttm) -2.35
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,092
Average Volume 15,291
Open 33.90
Previous Close 33.96
Day's Range 33.56 - 34.17
52-Week Range 28.48 - 35.97
Beta 0.99
RSI 51.23
Earnings Date Oct 30, 2025

About Covestro AG

Covestro AG supplies high-tech polymer materials and application solutions. It operates in two segments, Performance Materials, and Solutions & Specialties. The Performance Materials segment develops, produces, and supplies high-performance materials, such as polyurethanes and polycarbonates, and base chemicals, which include diphenylmethane diisocyanate (MDI), toluylene diisocyanate, long-chain polyols, and polycarbonate resins for use in furniture and wood processing, construction, automotive, and transportation industries, as well as roof st... [Read more]

Sector Materials
Founded 1863
Employees 17,503
Stock Exchange OTCMKTS
Ticker Symbol COVTY
Full Company Profile

Financial Performance

In 2024, Covestro AG's revenue was 14.18 billion, a decrease of -1.38% compared to the previous year's 14.38 billion. Losses were -266.00 million, 34.3% more than in 2023.

Financial numbers in EUR Financial Statements

News

Covestro shares climb as ADNOC plans EU concessions

Shares in German chemicals maker Covestro rose on Thursday after Reuters reported that ADNOC was preparing to make concessions in response to an EU subsidy investigation of its 14.7 billion euro ($17....

14 days ago - Reuters

ADNOC Nears Resolution in EU Subsidy Probe on Covestro Deal (CVVTF)

ADNOC Nears Resolution in EU Subsidy Probe on Covestro Deal (CVVTF)

14 days ago - GuruFocus

Exclusive: ADNOC close to finalising EU remedies for Covestro deal, sources say

Abu Dhabi state oil giant ADNOC is readying remedies to address an EU subsidy investigation into its 14.7 billion euro ($17.2 billion) bid for Germany's Covestro that will likely see it convert a prop...

15 days ago - Reuters

ADNOC slams EU regulators for 'invasive' demands in subsidy probe into Covestro deal

Abu Dhabi state oil giant ADNOC on Thursday slammed EU antitrust regulators for what it said are disproportionate and invasive requests for information in their subsidy investigation into its 14.7 bil...

21 days ago - Reuters

EU regulators set to pause subsidy probe into ADNOC's Covestro deal, source says

EU antitrust regulators are set to pause their investigation into Abu Dhabi state oil giant ADNOC's 14.7-billion-euro ($17.2 billion) bid for German chemicals company Covestro , a person with direct k...

22 days ago - Reuters

Pipe Insulation Market worth $7,195.9 million by 2030, at a CAGR of 5.4%, says MarketsandMarkets™

Delray Beach, FL, Aug. 12, 2025 (GLOBE NEWSWIRE) -- The Pipe Insulation Market is estimated to grow from USD 5,265.4 million in 2024 to USD 7,195.9 million by 2030, at a CAGR of 5.4% between 2025 and ...

6 weeks ago - Benzinga

EU Probe Puts ADNOCs $14B Covestro Takeover at Risk

The takeover of German chemicals giant Covestro by Abu Dhabis national oil company ADNOC is facing significant hurdles, as the EU is at present assessing the possible competition distortion in Europea...

7 weeks ago - OilPrice com

Covestro AG reports Q2 results

2 months ago - Seeking Alpha

Adnoc’s €12 Billion Covestro Takeover Hit by EU Subsidy Probe

Abu Dhabi National Oil Co.’s planned takeover of Covestro AG for nearly €12 billion ($14 billion) has been hit by an in-depth European Union probe under the bloc’s tough new foreign-subsidy rules.

2 months ago - Financial Post

ADNOC's Covestro buy may be boosted by foreign subsidies, EU warns

Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.15 billion) bid for German chemicals company Covestro may face hurdles after EU antitrust regulators opened an investigation on Monday into pot...

2 months ago - Reuters

Adnoc’s €12 Billion Covestro Deal Faces Likely In-Depth EU Probe

Abu Dhabi National Oil Co.’s €11.7 billion ($13.7 billion) takeover of Covestro AG is facing the prospect of an in-depth European Union investigation, under powers that can curb influential foreign in...

2 months ago - Financial Post

EU antitrust regulators resume foreign aid probe into ADNOC's Covestro deal

EU antitrust regulators have resumed scrutiny of Abu Dhabi state oil giant ADNOC's 14.7-billion euro ($17.3 billion) acquisition of German chemicals company Covestro after the companies provided the i...

3 months ago - Reuters

North America Polycarbonate Sheets Market Forecast Report 2025-2030, with Key Player Profiles for Covestro, CS Hyde, Gallina, San Diego Plastics, Palram, Stabilit Suisse, Lyon Plastic, Tileron & more

Notable market drivers include the replacement of glass with polycarbonate in construction, sustainability initiatives, and significant automotive manufacturing growth in the USA, Canada, and Mexico. ...

4 months ago - GlobeNewsWire

Adnoc's $13 Billion Bid for Germany's Covestro Approved by EU

The European Commission cleared Abu Dhabi National Oil Co's acquisition of the chemicals group, removing a key regulatory hurdle for the deal to proceed.

4 months ago - WSJ

ADNOC wins unconditional EU antitrust approval for Covestro deal

Abu Dhabi state oil giant ADNOC on Tuesday won unconditional EU antitrust approval for its 14.7 billion euro ($16.3 billion)takeover of German chemicals company Covestro , confirming an earlier Reuter...

4 months ago - Reuters

ADNOC Poised to Win EU Approval for $16.6 Billion Covestro Takeover

Abu Dhabis state oil giant ADNOC is reportedly on track to secure unconditional EU antitrust approval for its 14.7 billion ($16.6 billion) acquisition of Germanys Covestro, sources told Reuters on Tue...

5 months ago - OilPrice com