Covestro reports second-quarter sales miss on weaker pricing
31/07/2025 06:00
July 31 (Reuters) - German chemicals maker Covestro 1COV.DE missed second-quarter sales expectations on Thursday, citing a global price decline as U.S. import tariffs led to noticeable strains on supply chains. Covestro's revenues fell 8.4% to 3.38 billion euros ($3.86 billion) in the April-June period, missing analysts' average estimate of 3.55 billion euros in a company-provided consensus. ($1 = 0.8751 euros) (Reporting by Bartosz Dabrowski in Gdansk; Editing by Mrigank Dhaniwala) ((bartosz.dabrowski@thomsonreuters.com; +48 58 7696560;))