Feb 26, 2025 / 02:00PM GMT
Ronald Koehler - Covestro AG - Head of IR
Welcome to the Covestro earnings call on the full-year 2024 results. The company is represented by Christian Baier, CFO. (Event Instructions) You will find the quarterly statement and earnings call presentation on our IR website. I assume you have read the Safe Harbor statement.
With that, I would now like to turn the conference over to Christian.
Christian Baier - Covestro AG - Chief Financial Officer, Member of the Management Board
Yes. Thank you, Ronald, and good afternoon, and a warm welcome to everyone. Reflecting on 2024, we faced numerous challenges due to the economic situation, many of which are still persisting. So let us look at the highlights of 2024 and start with a view on the key financials. In a persistently weak economic climate, Covestro achieved sales of EUR14.2 billion, only slightly down versus 2023.
This decline was driven by lower prices despite significantly higher volumes. D&A Is stable at EUR1.1 billion, indicating that the difficult demand environment is far from over.
Full Year 2024 Covestro AG Earnings Call Transcript
Feb 26, 2025
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