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Thomas Toepfer

COVESTRO Continued weak demand depresses earnings / No economic recovery likely in H2 / Thorsten Dreier new chief technology officer	03.08.2023
COVESTRO Core operating profit for 2023 to be flat versus 2022 / Share buyback programme resumed	05.05.2023
COVESTRO German group still in the red / Loss lower than expected due to cost-cutting measures / Sale of 3D printing business completed	19.04.2023
COVESTRO EUR 300 mn net income loss surprises markets / Impairments cut earnings / High energy, material costs hit results	17.01.2023
COVESTRO Plans for major new MDI plant put on ice again / No new start-up date / “Increasingly volatile” economic environment	08.11.2022
COVESTRO Markus Steilemann confirmed as CEO until May 2028	16.06.2022
COVESTRO Strong demand, higher prices spur record sales / CEO Steilemann: Mechanical methods “better” than chemical recycling	03.03.2022
COVESTRO No mandatory redundancies until 2028 / Staff reduction process to continue	20.01.2022
COVESTRO Demand rebound boosts Q3 results / Quarterly profit picks up again	30.10.2020
COVESTRO Agreement to buy DSM's coating resins business / Company lauds deal as part of long-term growth strategy	06.10.2020
COVESTRO Plastics group records significant losses / PU business particularly hard hit by coronavirus effects	27.07.2020
COVESTRO EUR 225m loan from EIB to boost R&D / EU bank backs coronavirus pandemic aid to SMEs	01.04.2020
COVESTRO Sales and earnings down sharply in 2019 / MDI expansion at Baytown “paused” as cost-savings programme accelerated	21.02.2020
COVESTRO Q3 profits plunge as disappointing demand depressed selling prices / Forecast for 2019 confirmed but narrowed ranges / Sales down 14.6%	31.10.2019
COVESTRO Q2 EBITDA cut by more than half, led by Polyurethanes and Polycarbonates / Full-year 2019 outlook confirmed	29.07.2019
COVESTRO European PU systems houses business to be sold to H.I.G. Capital	18.06.2019
COVESTRO Earnings fall below 2018 mark / Weaker Q4 performance / Lower margins forecast in more competitive environment	26.02.2019
COVESTRO Job cuts in Germany / Figures slump for PU segment in Q3 / Polycarbonates perform well	01.11.2018
COVESTRO Fiscal 2018 outlook lifted after strong Q2 results / Investments in next three years to be increased	31.07.2018
COVESTRO CEO change brought forward / Patrick Thomas to retire in May	13.04.2018