Covestro Posts Q3 Results Aligned with Forecast Amid Market Pressures

03 Nov 2025 CW Team

Covestro reported third-quarter 2025 results in line with expectations despite continued global economic challenges and weak demand across key markets. Group revenue fell 12 per cent to EUR 3.2 billion, while EBITDA stood at EUR 242 million, near the upper end of forecasts. Consolidated net income was EUR –47 million, with free operating cash flow at EUR 111 million.

Performance was affected by persistent pricing pressures, subdued demand, and production disruptions following a fire at the Chempark Dormagen substation. The company’s cost-cutting STRONG transformation programme has yielded EUR 320 million in savings to date, with a target of EUR 400 million annually by 2028.

CEO Dr Markus Steilemann said, “The third quarter shows how challenging the market remains, but our measures are working. We’re investing strategically in growth markets while ensuring operational discipline and resilience.”

Covestro narrowed its 2025 EBITDA forecast to EUR 700–800 million and expects free cash flow between EUR –400 million and EUR –200 million.

Sustaining its growth focus, Covestro completed the acquisition of Pontacol AG and signed an agreement with Vencorex Holding SAS, strengthening its portfolio in high-performance films and aliphatic isocyanates.

Marking its tenth anniversary, Covestro showcased 25 innovations at K 2025 in Düsseldorf under “The Material Effect”, reinforcing its leadership in sustainable materials and circular economy solutions.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..