Covestro AG: Preliminary EBITDA of EUR 456 million in Q3 2020 above market expectation

In the course of preparing the Q3 2020 interim statement for Covestro Group, preliminary Q3 key financial data deviate from capital market expectations, based on the average values of latest consensus estimates of financial analysts, published by Vara Research on October 7, 2020. Therefore, Covestro provides already today the following preliminary key financial data from the Q3 2020 interim statement: Preliminary EBITDA amounts to EUR 456 million. … Continue reading Covestro AG: Preliminary EBITDA of EUR 456 million in Q3 2020 above market expectation

BASF Group to release preliminary figures for Q3 of 2020 and publishes outlook for full year 2020

Q3 2020: EBIT before special items expected to be €581 million (Q3 2019: €1,056 million), above analyst consensus EBIT expected to be minus €2,637 million (Q3 2019: €1,336 million) due to non-cash-effective impairments and provisions for restructuring, below analyst consensus Outlook 2020: Sales expected to decrease to between €57 billion and €58 billion (2019: €59,316 million) EBIT before special items expected to be between €3.0 billion and €3.3 billion (2019: €4,643 million) BASF has released preliminary figures for the … Continue reading BASF Group to release preliminary figures for Q3 of 2020 and publishes outlook for full year 2020