Q3 2022 Covestro AG Earnings Call Transcript

Feb 13, 2024

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Oct 25, 2022 / 01:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Covestro Earnings Call on the Q3 2022 results. The company is represented by CEO, Markus Steilemann; CFO, Thomas Toepfer; and Investor Relations, Ronald Koehler. (Operator Instructions)

I would now like to turn the conference over to Ronald Koehler. Please go ahead.

Ronald Koehler - Covestro AG - Head of IR

Welcome to our third quarter conference call. The quarterly report and the earnings call presentation are available on our web page, and I assume you have read the safe harbor statement.

And with that, I turn over to Markus.

Markus Steilemann - Covestro AG - CEO & Chairman of Management Board

Thank you, Ronald, and good afternoon. A warm welcome also from my side.

The turmoil of the energy and raw materials market in combination with weakening demand for our products has affected Covestro in the last quarter. Despite this, Covestro sales in the third quarter 2022 continue to be on the high level of EUR 4.6 billion. In

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