EBITDA Guidance for FY 2025: Narrowed to EUR1.0 billion to EUR1.4 billion. Covestro AG (CVVTF) achieved an EBITDA of EUR137 million, approaching the upper end of their quarterly guidance range.

Abu Dhabi oil major gets green light from Brussels for record chemicals deal The Covestro acquisition will aid ADNOC's goal to be a top five global chemicals player Afra Al Nofeli/Gulf News Dubai ...

Covestro's EBITDA fell 50% to 137 million euros in the January-March period but surpassed analysts' average estimate of 125 million euros in a company-provided consensus. Shares fell 1.1% in early ...

(RTTNews) - Covestro reported that its first quarter net loss was 160 million euros compared to a loss of 35 million euros, last year. Loss per share was 0.85 euros compared to a loss of 0.19 euros.

Investing.com -- Covestro (ETR:1COVG) on Tuesday lowered its full-year earnings and sales guidance after reporting weaker-than-expected first-quarter results in its performance materials unit ...

The European Commission approved Abu Dhabi National Oil Co’s $12.97 billion acquisition of German chemicals group Covestro 1COV0.20%increase; green up pointing triangle, clearing a key ...

Abu Dhabi National Oil Company (Adnoc) has been given the green light from the European Union for its $16 billion-plus acquisition of German chemical giants Covestro, clearing a key regulatory ...

Covestro, which earlier on Tuesday cut its 2025 core profit expectations, said it does not speculate about regulatory proceedings. "XRG and Covestro are working constructively with all relevant ...

(Reuters) -Germany's Covestro on Tuesday cut its 2025 core profit expectations and said it would implement its strategy of production in the same region that it sells, as higher U.S. tariffs threaten ...

Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Abu Dhabi’s state oil giant ADNOC is reportedly on track ...

Abu Dhabi state oil giant ADNOC is set to secure unconditional antitrust approval from the European Union for its €14.7B (~$16.6B) takeover of German chemicals company Covestro (OTCPK ...

BRUSSELS (Reuters) -Abu Dhabi state oil giant ADNOC is set to secure unconditional EU antitrust approval for its 14.7 billion euro ($16.6 billion) takeover of German chemicals company Covestro, two ...