Published by Global Banking & Finance Review®
Posted on February 26, 2025
1 min readLast updated: January 25, 2026
Add as preferred source on GoogleCovestro forecasts its 2025 core profit to align with last year's, with challenging economic conditions expected. EBITDA for 2025 is estimated between 1-1.6 billion euros.
(Reuters) - German chemicals maker Covestro said on Wednesday it expects 2025 core profit to be similar to, or slightly above, last year results which came in a touch above expectations.
Covestro, whose main products include foam chemicals used in mattresses, car seats and insulation for buildings, estimates annual earnings before interest, tax, depreciation and amortisation (EBITDA) to be between 1 billion and 1.6 billion euros this year.
That compares with the 1.1 billion euros ($1.15 billion) it booked in 2024, which was just over an average analyst estimate of 1.06 billion euros in a company-provided poll.
Covestro's guidance for 2025 was in line with an average analyst estimate of 1.31 billion euros.
The company said in a statement it expected economic conditions to remain challenging in 2025.
It forecast EBITDA of between 50 million euros and 150 million euros for the current quarter.
($1 = 0.9531 euros)
(Reporting by Elviira Luoma, Jesus Calero and Linda Pasquini; editing by Miranda Murray and Rachna Uppal)
Covestro expects its 2025 core profit to be similar to, or slightly above, last year's results.
Covestro booked an EBITDA of 1.1 billion euros in 2024, which exceeded analyst expectations.
Covestro stated that it expects economic conditions to remain challenging in 2025.
Covestro forecasts an EBITDA of between 50 million euros and 150 million euros for the current quarter.
Covestro's guidance for 2025 aligns with an average analyst estimate of 1.31 billion euros.
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