Reporting Profile
Reporting Principles
This Covestro AG Quarterly Statement was prepared in accordance with Section 53 of the Stock Exchange Rules and Regulations (Börsenordnung) of the Frankfurt Stock Exchange. This Statement is not an interim report within the meaning of IAS 34 (Interim Financial Reporting) or a set of financial statements within the meaning of IAS 1 (Presentation of Financial Statements). It was not subjected to a review by an auditor. This Quarterly Statement should be read alongside the 2020 Annual Report and the additional information about the company contained therein. The 2020 Annual Report is available on our website at www.covestro.com.
Forward-Looking Statements
This Quarterly Statement may contain certain forward-looking statements based on current assumptions and forecasts made by the management of Covestro AG. Various known and unknown risks, uncertainties, and other factors could lead to material differences between the actual future results, financial situation, development, or performance of the Group and the estimates given here. These factors include those discussed in Covestro’s public reports, which are available at www.covestro.com. The Group assumes no liability whatsoever to update such forward-looking statements or to conform them to future events or developments.
Acronyms and Abbreviations
Acronyms and abbreviations used in this Quarterly Statement are explained in this Quarterly Statement or in the Glossary provided in the 2020 Annual Report.
Equal Treatment
We consider equal treatment to be important. To ensure better readability, this report avoids gender-specific wordings. All terms should be taken to apply equally to all genders.
Rounding and Percentage Deviations
As the indicators in this Quarterly Statement are stated in accordance with commercial rounding principles totals and percentages may not always be exact.
Percentage deviations are only calculated and reported if they are no more than 100%. Larger deviations are reported as >100%, >200%, etc. If a deviation changes from positive to negative or vice versa, or if it is greater than 1,000%, this is shown by a period.
Publication
This Quarterly Statement was published in German and English on April 28, 2021. The German version is binding.