Covestro Full-Year Report 2023

Full-Year 2023 Highlights

  • Sales decreased to €14.4bn
    caused by lower prices, lower volumes and unfavorable FX
  • EBITDA FY 2023 of €1.1bn in line with guidance burdened by negative pricing delta, lower volumes and FX
  • Solid FY 2023 FOCF of €232m
    supported by successful working capital management
  • FY 2024 guidance announced
    with an expected EBITDA of €1.0 to 1.6bn
  • Covestro continues climate neutrality pathway
    by announcing scope 3 GHG emission targets with climate neutrality until 2050

 

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