Covestro expects full-year core earnings significantly above prior year
Covestro expects full-year core earnings significantly above prior year July 9 (Reuters) - German chemicals maker Covestro 1COVG.D said on Thursday it expected full-year operating core earnings to be significantly above previous year level.
It reported preliminary half-year earnings before interest, tax, depreciation and amortisation (EBITDA) of €669 million, as it benefited from higher prices while raw material cost increases lagged.
(Reporting by Emanuele Berro, Editing by Miranda Murray)
((Emanuele.Berro@thomsonreuters.com; +48 587696510))
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