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Covestro AG (1COV.DE)

1COV.DE on Xetra

33.94EUR
3 Jul 2020
Change (% chg)

€-0.41 (-1.19%)
Prev Close
€34.35
Open
€34.61
Day's High
€34.73
Day's Low
€33.76
Volume
1,092,415
Avg. Vol
1,907,382
52-wk High
€48.18
52-wk Low
€23.54

About

Covestro AG is a Germany-based company engaged in the manufacturing of polymer materials. It develops, produces and markets polyurethanes, polycarbonates and raw materials, as well as coatings, adhesives and other specialties. The Company's activities are divided into three segments: Polyurethanes, offering precursors, such as... (more)

Buy/Sell

Sell Hold Buy
2.48 Mean rating from 25 analysts

Overall

Beta: --
Market Cap(Mil.): €14,486.85
Shares Outstanding(Mil.): 202.50
Dividend: 1.35
Yield (%): 1.89
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Disinfectant demand helps Lanxess beat profit forecasts, but harder virus hit coming

German specialty chemicals maker Lanxess reported slightly stronger-than-expected quarterly profit on Wednesday, with firm demand for disinfectant ingredients offsetting a coronavirus-driven slump in engineering plastics.

UPDATE 3-Disinfectant demand helps Lanxess beat profit forecasts, but harder virus hit coming

May 6 German specialty chemicals maker Lanxess reported slightly stronger-than-expected quarterly profit on Wednesday, with firm demand for disinfectant ingredients offsetting a coronavirus-driven slump in engineering plastics.

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Covestro expects to weather crisis thanks to business mix, strong balance sheet

German chemicals maker Covestro believes it can weather the coronavirus crisis thanks to its balanced customer base, geographical mix and strong balance sheet, the company said on Wednesday.

UPDATE 3-Covestro expects to weather crisis thanks to business mix, strong balance sheet

April 29 German chemicals maker Covestro believes it can weather the coronavirus crisis thanks to its balanced customer base, geographical mix and strong balance sheet, the company said on Wednesday.

BRIEF-Covestro currently not planning to apply for state aid -CFO

* COVESTRO CFO SAYS IS CURRENTLY NOT PLANNING TO APPLY FOR STATE AID Further company coverage:

CORRECTED-German stocks - Factors to watch on April 29

BERLIN/FRANKFURT, April 29The following are some of the factors that may move German stocks on Wednesday:

Covestro Q1 profit sinks on low demand in China, strong competition

April 29 German chemicals maker Covestro reported an 89% plunge in quarterly profit on Wednesday, hurt by weak demand in China due to coronavirus pandemic-driven production disruptions and as strong competition led to a decline in products prices.

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German companies call for COVID-19 aid to be tied to climate action

FRANKFURT German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to be tied to climate action, daily Handelsblatt reported.

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German companies call for COVID-19 aid to be tied to climate action

FRANKFURT German companies including ThyssenKrupp, Salzgitter, Bayer, Covestro, E.ON, HeidelbergCement, Puma, Allianz and Deutsche Telekom have called for coronavirus-related state aid to be tied to climate action, daily Handelsblatt reported.

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Branchenüberblick

Energie -0.12%
Rohstoffe +0.08%
Industrie -0.08%
Konjunktur abhängige Waren & Dienstleistungen -0.23%
Konjunktur unabhängige Waren & Dienstleistungen -0.10%
Finanzindustrie -0.03%
Pharma +0.06%
Technologie +0.22%
Telekommunikation -0.11%