20 February 2017
DETAILS
2016 was a record year
for materials manufacturer
Net income more than doubled
from EUR 343 million to EUR 795 million.
Driven by demand for innovative materials,
the Group’s core volumes increased by 7.5%.
With greater capacity utilization across its plants,
adjusted EBITDA surged by 22.7%
above the 2015 figure to EUR 2.0 billion.
On this basis, Covestro plans to pay
its shareholders a dividend of EUR 1.35 per share.
Patrick Thomas
CEO of Covestro
“Our strategy is paying off. These excellent results
underscore Covestro’s fundamental strength,”
“Growing customer demand for
our innovative and sustainable products
shows that we are increasingly successful
at replacing conventional materials
with superior plastics.”
51365 Leverkusen
Germany
Contact
Lars Boelke
Telephone +49 214 6009 4206
Email: lars.boelke@ covestro.com
Contact
Markus Kleine-Beck
Telephone +49 214 6009 6697
Email: markus.kleine-beck@ covestro.com
WWW.CHEMWINFO.COM BY KHUN PHICHAI
