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EBITDA forecast for fiscal year 2026 raised
Covestro is publishing the following preliminary financial data for the first half year 2026:
- Preliminary sales amount to EUR 6,729 million.
- Preliminary EBITDA amounts to EUR 669 million.
This development is mainly attributable to higher prices while raw material prices were increasing with a time-delay.
Consequently, for the fiscal year 2026, Covestro adjusts its EBITDA forecast. EBITDA is now expected significantly above previous year level. The previous forecast projected EBITDA around previous year level.
Unchanged, Free operating cash flow (FOCF) and ROCE over WACC each are expected significantly better than 2025 level. Unchanged as well, greenhouse gas emissions, measured via CO2 equivalents, are expected to be between 3.9 million tons and 4.5 million tons.
The interim statement of the first half year 2026 will be published on July 31, 2026.
About Covestro:
Covestro is one of the world’s leading manufacturers of high-quality polymer materials and their components. With its innovative products, processes and methods, the company helps enhance sustainability and the quality of life in many areas. Covestro supplies customers around the world in key industries such as mobility, building and living, as well as the electrical and electronics sector. In addition, polymers from Covestro are also used in sectors such as sports and leisure, telecommunications and health, as well as in the chemical industry itself.
The company is geared completely to the circular economy. In addition, Covestro aims to achieve climate neutrality for its Scope 1 and Scope 2 emissions by 2035, and the Group’s Scope 3 emissions are also set to be climate neutral by 2050. Covestro generated sales of EUR 12.9 billion in fiscal year 2025. At the end of 2025, the company had 46 production sites worldwide and employed approximately 17,600 people (calculated as full-time equivalents).
Note: This story has not been edited by The Polymerupdate Editorial team and is auto-generated from a syndicated feed.