May 06, 2025 / 01:00PM GMT
Ronald Koehler - Covestro AG - Head of IR
Welcome to the Covestro earnings call on the first quarter 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
Thank you, Ronald, and hello and a warm welcome also from my side to our first quarter call. The key financials of the first quarter were as shown on this page. Volumes developed flattish year-over-year. Sales also came in at stable EUR3.5 billion. We've achieved an EBITDA of EUR137 million approaching the upper end of our quarterly guidance range. Free operating cash flow shows the usual seasonal dip with minus EUR253 million and we are reducing the upper end of our EBITDA guidance.
Let us look at the volume development in the first-quarter of 2025. The global sales volume
Q1 2025 Covestro AG Earnings Call Transcript
May 06, 2025
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