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Covestro AG Full Year Loss Rises

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Covestro AG (CVVTF.PK) released Loss for its full year of -EUR266 million

The company's earnings came in at -EUR266 million, or -EUR1.41 per share. This compares with -EUR198 million, or -EUR1.05 per share, last year.

The company's revenue for the period fell 1.4% to EUR14.179 billion from EUR14.377 billion last year.

Covestro AG earnings at a glance (GAAP) :

-Earnings: -EUR266 Mln. vs. -EUR198 Mln. last year.
-EPS: -EUR1.41 vs. -EUR1.05 last year.
-Revenue: EUR14.179 Bln vs. EUR14.377 Bln last year.

Looking ahead, for the full-year 2025, the Group expects EBITDA of EUR 1 billion to EUR 1.600 billion.

For the full-year 2024, the company has registered EBITDA of EUR 1.071 billion.

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