Covestro AG (OTCPK:COVTY)
$ 30.57 -0.245 (-0.8%) Market Cap: 11.54 Bil Enterprise Value: 14.33 Bil PE Ratio: 0 PB Ratio: 1.62 GF Score: 77/100

Q4 2018 Covestro AG Earnings Call Transcript

Feb 25, 2019 / 03:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Covestro Investor Conference Call on the Q4 2018 and full year 2018 results. The company is represented by Markus Steilemann, CEO; Thomas Toepfer, CFO; and Ronald Koehler, Investor Relations. (Operator Instructions).

I would now like to hand the conference over to Ronald Koehler. Please go ahead, sir.

Ronald Koehler
Covestro AG - Head of IR

Good afternoon, and welcome to our fourth quarter and full year 2018 conference call. For your information, we have posted our annual report and the conference call presentation on our website, and we assume you have read our safe harbor statement.

I would now like to turn the conference over to Markus.

Markus Steilemann
Covestro AG - CEO & Member of Management Board

Good afternoon. 2018 was a year in which we came close to the record levels of financial performance seen in 2017. Overall, we delivered strong results. The first half and second half of the year were different in terms of

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