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1COV — Covestro AG News Story

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Covestro expects full-year core earnings significantly above prior year

Covestro expects full-year core earnings significantly above prior year

- 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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