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