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Covestro AG Active

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Financial statements of Covestro AG

According to Covestro AG latest financial report submitted on 2023-12-31, the company has a Turnover of €14B, Gross-Profit of €2B while the Cash is €625M. Compared with the previous year, the company reported a Turnover decrease of -24.98%, which is an equivalent of 10.8 billion. At the same time, the Gross-Profit went down by -11.19%, or by 2.0 billion.


Year:
2022 Not available
2021 Not available
2020 Not available
2019 Not available

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  • Reporting period

    12

  • Consolidated A/cs

    Y

  • Profit after Tax

    € -202.0 million

  • Working Capital

    € 2.6 billion

Profit after Tax

Business Credit Report

A Credit Report Covestro AG is available for instant download. When we generate this report, we took into account that the company is 10 year old, Turnover €14B, Gross-Profit €2B and the Cash of €625M. Next, we took into account if there are any outstanding mortgages or Court Judgements and checked if the industry which the company is trading, is considered a high level of corporate failures.


Overall Credit Risk for

Covestro AG

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Key features

  • Credit Score and Credit Limit
  • Financial accounts for the past 5 years
  • Credit Officers
  • Document Filing history
  • Corporate Ownership
  • Outstanding & Satisfied Mortgages
  • Shareholder Information
  • Company Identity

Employees

Covestro AG currently employees 39 people. The management level consists of 52.63% of manager level, 0.00% of senior level, 21.05% of cxo level, 15.79% of director level, 0.00% of vp level, 10.53% of partner level, 0.00% of non-manager level.


Total Employee Count

Total employees

39

Management Level


21

Top

16

Middle

53

Operational

Employee Job Title Email Phone Country
Gilbert Voortmans Officer
-
- DE
Thomas Alexander Toepfer Member of the Executive Board
-
- DE
Frank Helmut Lutz Member of the Executive Board
-
- DE
Wolfgang Miebach Officer
-
- DE
Patrick Webster Thomas Member of the Executive Board
-
- DE

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Group Structure

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Covestro AG Shareholders and Ultimate Beneficial Owners (UBO)

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Competitors:

Top 5 similar companies of Covestro AG are E.ON SE, Rheinmetall Aktiengesellschaft, RWE Aktiengesellschaft, Henkel AG & Co. KGaA, Symrise AG. View and export all the competitor list of Covestro AG by upgrading your account here.


E.ON SE


Revenue
93,686,000,000.0
Age
8 years
Employees
65515
Industry
View Finance & Insurance
Website
View https://www.eon**************

Rheinmetall Aktiengesellschaft


Revenue
7,176,000,000.0
Age
25 years
Employees
29515
Industry
View Financial Services
Website
View https://www.rheinmetall.de/**************************

RWE Aktiengesellschaft


Revenue
28,521,000,000.0
Age
25 years
Employees
20805
Industry
View Business & Professional Associations
Website
View https://www*********

Henkel AG & Co. KGaA


Revenue
21,514,000,000.0
Age
24 years
Employees
47750
Industry
View Chemicals
Website
View http://he********

Symrise AG


Revenue
4,730,187,000.0
Age
19 years
Employees
12385
Industry
View Chemicals
Website
View https://www.s***********

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Covestro AG news & activities:


Turnover

Covestro AG has submitted new account statements and has reported a turnover of €14B, a -24.98% increase year-over-year.

de.globaldatabase.com

2023-12-31

EBITDA

The Covestro AG-based company said the adjusted EBITDA is now €1B, compared with the previous year of 626.0 million.

de.globaldatabase.com

2023-12-31

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Frequently Asked Questions regarding Covestro AG


Where is Covestro AG registered office?

Covestro AG is located at Kaiser-wilhelm-allee 60, Germany.

How can I contact Covestro AG?

You can call Covestro AG at the following number +49492146*******

What is the website of Covestro AG?

Covestro AG website is http://covestro.de/

How many people work at Covestro AG?

According to the latest account statement, there are currently 39 of employees working for Covestro AG.

How much revenue does Covestro AG make?

Based on the latest financial accounts submitted on 2023-12-31, the company made €14B for 2023, which went down by -24.98%.

What is Covestro AG EBITDA?

For 2023, Covestro AG has reported an EBITDA of €1B, which went down by -44.89% compared to previous year.

What is the Business Credit Score of Covestro AG and how reliable is the company?

In order to check the business credit score of Covestro AG, you can request a credit report. You will view the latest credit limit information, ownership, group structure, court judgements and much more.

Does Covestro AG pay their invoices on time?

By requesting a Business Credit Report for Covestro AG, you will be able to gain more insights about the Covestro AG payment trends.

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