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Regional settings| Spread | 0.17 | ||||
 Long position overnight feeLong position overnight fee
Trade size with leverage ~ €5,000.00 Short position overnight fee ~ €4,000.00 | -0.022091% | ||||
| Short position overnight fee Short position overnight fee
Trade size with leverage ~ €5,000.00 Short position overnight fee ~ €4,000.00 | -0.000132% | ||||
| Overnight fee time | 21:00 (UTC) | ||||
| Currency | EUR | ||||
| Min traded quantity | 1 | ||||
| Margin | 20 | ||||
| Stock exchange | Germany | ||||
| Commission on trade1 | 0% |
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
| Prev. Close | 47.38 |
| Open | 47.64 |
| 1-Year Change | 19.67% |
| Day's Range | 46.18 - 47.64 |
Covestro AG is a Germany-based company engaged in the manufacturing of polymer materials. It develops, produces and markets polyurethanes, polycarbonates and raw materials, as well as coatings, adhesives and other specialties. The Company's activities are divided into three segments: Polyurethanes, offering precursors, such as flexible polyurethane foam primarily used in the furniture and automotive industries, and rigid foam used as insulating material in the construction industry and in refrigeration chains; Polycarbonates, providing plastic polycarbonates in the form of granules, composite materials, and semi-finished products for use in the automotive, construction, medical technology, lighting industries, among others; and Coatings, Adhesives, Specialties, producing precursors for coatings, adhesives, sealants and specialties, as well as polymer materials and aqueous dispersions for use in automotive and transportation, wood processing and furniture applications, among others.
BRIEF: For the fiscal year ended 31 December 2021, Covestro AG revenues increased 49% to EUR15.9B. Net income increased from EUR459M to EUR1.62B. Revenues reflect Polycarbonates segment increase from EUR2.99B to EUR7.55B, Polyurethanes segment increase of 62% to EUR8.14B, EMLA segment increase of 49% to EUR6.88B, APAC segment increase of 54% to EUR5.47B. Net income benefited from Other Operating Income increase of 46% to EUR79M (income).
