Covestro: Initiation of Coverage- A €400 Million STRONG Program Sets Stage for Profit-Driven Reinvention!

Covestro AG, a noted player in the polymers industry, recently disclosed its Q1 2025 financial results, indicating a period of stable sales but highlighted by several challenges impacting its performance. The company achieved a revenue of EUR 3.5 billion, nearly unchanged from the previous year, while the EBITDA stood at EUR 137 million, which is notably in the upper range of their guidance. However, this reflects a substantial 50% drop yearover-year due to significant costs associated with the company’s ongoing transformation initiatives.