Segment Information
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Performance Materials |
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Solutions & Specialties |
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Others/ |
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Covestro Group |
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1st quarter 2022 |
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1st quarter 2023 |
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1st quarter 2022 |
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1st quarter 2023 |
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1st quarter 2022 |
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1st quarter 2023 |
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1st quarter 2022 |
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1st quarter 2023 |
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€ million |
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€ million |
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€ million |
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€ million |
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€ million |
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€ million |
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€ million |
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€ million |
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Sales (external) |
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2,388 |
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1,792 |
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2,222 |
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1,883 |
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73 |
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68 |
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4,683 |
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3,743 |
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Intersegment sales1 |
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810 |
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607 |
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9 |
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8 |
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(819) |
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(615) |
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– |
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– |
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Sales (total) |
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3,198 |
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2,399 |
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2,231 |
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1,891 |
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(746) |
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(547) |
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4,683 |
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3,743 |
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Change in sales |
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Volume |
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5.5% |
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–18.6% |
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–0.5% |
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–15.4% |
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90.1% |
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–7.4% |
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3.6% |
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–16.8% |
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Price |
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26.4% |
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–7.1% |
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19.4% |
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–0.5% |
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0.0% |
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0.0% |
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22.9% |
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–3.9% |
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Currency |
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5.3% |
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0.7% |
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5.9% |
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0.6% |
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2.0% |
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0.6% |
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5.6% |
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0.6% |
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Portfolio |
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0.0% |
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0.0% |
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20.5% |
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0.0% |
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0.0% |
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0.0% |
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9.5% |
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0.0% |
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Sales by region |
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EMLA |
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1,142 |
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839 |
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873 |
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755 |
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59 |
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56 |
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2,074 |
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1,650 |
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NA |
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604 |
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489 |
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501 |
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485 |
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11 |
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8 |
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1,116 |
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982 |
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APAC |
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642 |
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464 |
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848 |
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643 |
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3 |
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4 |
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1,493 |
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1,111 |
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EBITDA2 |
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620 |
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173 |
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224 |
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165 |
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(38) |
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(52) |
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806 |
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286 |
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EBIT2 |
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475 |
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29 |
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152 |
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63 |
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(38) |
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(53) |
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589 |
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39 |
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Depreciation, amortization, impairment losses and impairment loss reversals |
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144 |
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144 |
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72 |
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102 |
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– |
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1 |
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217 |
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247 |
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Cash flows from operating activities3 |
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206 |
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19 |
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(101) |
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(5) |
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52 |
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(33) |
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157 |
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(19) |
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Cash outflows for additions to property, plant, equipment and intangible assets |
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94 |
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76 |
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45 |
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43 |
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1 |
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1 |
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140 |
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120 |
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Free operating cash flow3 |
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112 |
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(57) |
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(146) |
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(48) |
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51 |
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(34) |
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17 |
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(139) |
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Trade working capital4 |
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1,745 |
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1,291 |
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1,918 |
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1,712 |
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– |
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(27) |
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3,663 |
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2,976 |
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