Covestro reports Q3 results

Covestro reports that its Q3 2020 EBITDA is €456 million, above market expectation.

Preliminary EBITDA for its Polyurethanes segment amounts is €220 million, for the Polycarbonates segment €148 million and for the Coatings, Adhesives, Specialties segment €99 million, the company said.

Due to the better than expected Q3 2020 results Covestro’s guidance for full year 2020 is reportedly €1.2 billion.

This story uses material from Covestro, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.