Covestro AG (MIL:11COV)

€ 57.46 0 (0%) Market Cap: 10.76 Bil Enterprise Value: 13.51 Bil PE Ratio: 0 PB Ratio: 1.63 GF Score: 52/100

Q1 2019 Covestro AG Earnings Call Transcript

Apr 29, 2019 / 01:00PM GMT

Transcript

Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Covestro Investor Conference Call on the Q1 2019 Results. The company is represented by Markus Steilemann, CEO; Thomas Toepfer, CFO; and Ronald Koehler, Investor Relations. (Operator Instructions) I'd now like to turn the conference over to Ronald Kohler. Please go ahead, sir.

Ronald Koehler

Covestro AG - Head of IR

Good afternoon and welcome to our Q1 2019 conference call. For your information, we have posted our interim statement and the conference call presentation on our website, and we assume you have read our safe harbor statement.

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

Markus Steilemann

Covestro AG - CEO, Chief Commercial Officer & Chairman of Management Board

Thanks, Ronald, and good afternoon, and good morning to our listeners from the United States. The first quarter was challenging, but developed in line with our expectations. The year-on-year comparison looks weak. However, compared to the fourth quarter of

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