covestro
The loss made by German maker of high-tech polymer materials Covestro AG widened in the first quarter compared to the same period of last year. Covestro reported that its first quarter net loss widened to €35 million ($37.5 million) from €26 million in the prior year. The group's earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 4.5% year-over-year to €273 million. This was primarily a result of lower margins, although the impact was somewhat mitigated by reductions in raw material and energy costs, partially offsetting the decline in selling price level. Group sa...
DPA International
The loss made by German maker of high-tech polymer materials Covestro AG widened in the first quarter compared to the same period of last year. Covestro reported that its first quarter net loss widened to €35 million ($37.5 million) from €26 million in the prior year. The group's earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 4.5% year-over-year to €273 million. This was primarily a result of lower margins, although the impact was somewhat mitigated by reductions in raw material and energy costs, partially offsetting the decline in selling price level. Group sa...
DPA Breaking News
The loss made by German maker of high-tech polymer materials Covestro AG widened in the first quarter compared to the same period of last year. Covestro reported that its first quarter net loss widened to €35 million ($37.5 million) from €26 million in the prior year. The group's earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 4.5% year-over-year to €273 million. This was primarily a result of lower margins, although the impact was somewhat mitigated by reductions in raw material and energy costs, partially offsetting the decline in selling price level. Group sa...
DPA
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