Covestro Posts Wider Loss In Q1; Updates 2025 | Global Market News
(RTTNews) – Covestro reported that its first quarter internet loss was 160 million euros in comparison with a loss of 35 million euros, final yr. Loss per share was 0.85 euros in comparison with a loss of 0.19 euros. EBITDA fell by round 50 % to 137 million euros. Sales within the first quarter was 3.48 billion euros, 0.9 % beneath final yr.
Covestro has narrowed its expectations for EBITDA for the 2025 financial yr within the given vary. Covestro now expects EBITDA of between 1.0 billion and 1.4 billion euros, revised from prior steerage vary of 1.0 billion to 1.6 billion euros. The Group expects EBITDA between 200 million and 300 million euros for the second quarter of 2025.
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