Covestro reports positive first year

摘要

Cologne, Germany - Covestro's first financial year of existence EBITDA (earnings before interest tax depreciation and amortisation) rose 41.3% to ?1.64 bn ($1.8bn) compared to 2014, it said. A more favourable supply and demand situation as well as higher volumes caused the hike and, as a result, sales increased by 2.7% to ?12.08 bn despite lower selling prices.