- For 2025, Covestro projects an EBITDA range of €1 billion to €1.6 billion, with an estimate of €1.34 billion.
- The first-quarter EBITDA forecast is between €50 million and €150 million, while the estimate stands at €300.3 million.
- In the fourth quarter, Covestro reported an EBITDA of €191 million, slightly below the estimate of €205.8 million.
- Sales in the fourth quarter were €3.4 billion, compared to an estimate of €3.46 billion.
- For the year 2024, Covestro’s EBITDA remained constant at €1.1 billion year-over-year.
- The company recorded a net loss of €266 million in 2024, showing a 34% improvement from the previous year.
- Sales for 2024 were reported at €14.2 billion, a decline of 1.4% from the previous year.
- The completion of the ADNOC transaction is anticipated in the second half of 2025.
- As part of a transformation program, Covestro aims to achieve annual savings of €400 million by 2028 through digitalization and structural changes.
- Analysts have rated the stock with 2 buys, 17 holds, and 1 sell.
Covestro AG on Smartkarma
On Smartkarma, several research reports by top independent analyst Jesus Rodriguez Aguilar provide insight into the recent developments surrounding Covestro AG. In one report titled “ADNOC/Covestro: Offer Results Update,” it was revealed that ADNOC International (XRG) has secured a controlling 69.94% stake in Covestro, surpassing the necessary threshold. Regulatory approvals are pending, and remaining shareholders have the option to tender their shares, with a likely squeeze-out scenario anticipated. The recommendation from the analyst is to tender shares.
Another report by Rodriguez Aguilar, titled “ADNOC/Covestro: Almost Game Over,” highlights ADNOC’s offer of €62/share, a 54% premium, valuing Covestro at €11.7 billion. Despite regulatory and market conditions, the acquisition is expected to close in H2 2025, offering a strong value realization opportunity for shareholders. The report suggests a positive outlook on the deal, emphasizing the access to cheaper resources and future growth potential within the sector. Shareholders are advised to accept the offer given the favorable conditions.
A look at Covestro AG Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Covestro AG has a mixed long-term outlook. While scoring well in momentum, indicating strong recent performance, the company lags in dividend, suggesting lower returns for investors seeking income. With moderate scores in value, growth, and resilience, Covestro AG shows stability and potential for growth in the future. Covestro AG, known for manufacturing polymers and high-performance plastics, serves various industries with its range of products, including automotive, construction, health, electronics, and medical engineering.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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