Covestro AG operates in the Plastics foam products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Covestro AG with three other
plastic product manufacturers in Europe:
sales of 1.10 billion Euros [US$1.29 billion]
of which 78%
was Building Solutions),
(1.40 billion Euros [US$1.63 billion]
of which 48%
was Cladding Systems), and
Tessenderlo Group NV
based in BELGIUM
(1.74 billion Euros [US$2.03 billion]
of which 35%
Covestro AG reported sales of 12.41 billion Euro (US$14.47 billion)
December of 2019.
decrease of 15.1%
versus 2018, when the company's sales were 14.62 billion Euro.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Covestro AG had sales
of 11.76 billion Euro.
Contributing to the drop in overall sales was the 21.5% decline
in Polyurethanes, from 7.36 billion Euro to 5.78 billion Euro.
There were also decreases in sales in
Polycarbonates (down 14.3% to 3.47 billion Euro)
All Other Segments (down 6.1% to 791.00 million Euro)
However, these declines were partially offset by the increase in sales of
Coatings, Adhesives, Specialities (up 0.3% to 2.37 billion Euro)