Covestro pulls through fiscal 2020

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Covestro saw a strong end to an exceptional year in 2020 and benefited, especially in the second half, from its consistent crisis prevention measures and a recovery in demand.

However, despite the very successful fourth quarter, the group could not fully compensate the massive, pandemic-related cut-backs that arose in the first six months.

“We were able to successfully navigate through this highly exceptional year and maintained our ability to act at all times,” said CEO Markus Steilemann.

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