Covestro AG (LTS:0RBE)
€ 56.98 -0.57 (-0.99%) Market Cap: 10.76 Bil Enterprise Value: 13.51 Bil PE Ratio: 0 PB Ratio: 1.63 GF Score: 70/100

Q2 2022 Covestro AG Earnings Call Transcript

Aug 02, 2022 / 01:30PM GMT
Release Date Price: €33.69 (+1.64%)
Editor

(Operator Instructions)

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

Ronald Koehler
Covestro AG - Head of IR

Good afternoon and good morning to all listeners. Thank you for joining our second quarter conference call. You will find our quarterly report and our presentation at our Investor Relations website. And I assume you have read our safe harbor statements.

And with that, I immediately turn over to Markus.

Markus Steilemann
Covestro AG - CEO & Chairman of Management Board

Thank you, Ronald. Good afternoon, good morning to our listeners in the United States. A warm welcome also from my side to the results of our second quarter.

Covestro showed a solid performance in an increasingly challenging environment. The second quarter was again dominated by the ongoing coronavirus pandemic and the Russian war in Ukraine. The COVID lockdown in several regions of China had severe effects on global logistics chains and the global economy. In Europe, the

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