Covestro clearly benefited from a business recovery but, additionally, cost cutting added to the better than expected profitability. Furthermore, the pricing delta seems to have narrowed further. The preliminary figures were above our cautious expectations.
09 Oct 2020
Some show of force
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Some show of force
Covestro AG (1COV:WBO) | 0 0 1.2% | Mkt Cap: 18,257m
- Published:
09 Oct 2020 -
Author:
Martin Schnee -
Pages:
2
Covestro clearly benefited from a business recovery but, additionally, cost cutting added to the better than expected profitability. Furthermore, the pricing delta seems to have narrowed further. The preliminary figures were above our cautious expectations.