Covestro stock show convincing performance for first year

It was one year ago to the day, on October 6, 2015, that Covestro debuted on the stock exchange. For Covestro, formerly Bayer MaterialScience, it was the beginning of a new era as an independent company and a step that has enabled it to play to its strengths faster, more effectively and more flexibly in the global competitive environment.

The driver of Covestro’s success is its new vision: to make the world a brighter place. "This vision has spurred us all on. We want to use our innovative technologies and products to help meet the challenges of the 21st century – climate change, the diminishing availability of resources and the expanding global population, for example – with products that benefit society and reduce pollution”, said CEO, Patrick Thomas.

The current stock price in excess of €50 is more than twice the issue price.