Covestro stock trades at EUR 59.80 as takeover advances

Published on 09/25/2026 at 13:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Covestro stock stood above the EUR 59.46 squeeze-out compensation on September 24, 2026. Q2 2026 EBITDA reached EUR 669 million, up 64.4 percent, against FY 2025 revenue of EUR 12.9 billion.

Fotorealistisches Luftbild eines Polymerchemiewerks bei Dämmerung mit beleuchteter Industrieanlage — Covestro AG Chemiewerk DE0006062144 Leverkusen bei Nacht mit beleuchteten Reaktoren und Kühltürmen am Rhein, Illustration mit AI erstellt.

Covestro stock (ISIN DE0006062144) traded at EUR 59.80 on September 24, 2026, with a 0.00 percent daily change; its 52-week range was EUR 57.14 to EUR 60.90. As Börse Express reported, the share remains tied closely to XRG's takeover process and the EUR 59.46 cash compensation.

Takeover terms anchor valuation

The EUR 59.80 quote stood EUR 0.34 above the squeeze-out compensation cited in the September 2026 market report. That spread keeps the takeover structure more important for the share price than a conventional earnings multiple.

Börse Express also reported that Klaus Fröhlich is scheduled to become CFO on October 1, 2026, replacing Christian Baier after eight years. The personnel change links the operating company more closely to its new majority-owner structure.

Q2 EBITDA rebounds sharply

Covestro's Q2 2026 EBITDA reached EUR 669 million, a 64.4 percent increase, according to Quartr. The result is the clearest operating comparison in the current picture: profitability improved even as sales were lower.

Historical context is weaker. Covestro's fiscal 2025 revenue was EUR 12.9 billion, down 8.7 percent, while EBITDA fell 30.9 percent to EUR 740 million, according to Covestro. The contrast between the 2025 decline and the Q2 2026 EBITDA increase makes margin recovery the key operating variable.

Recycling projects add strategic detail

On September 16, 2026, Covestro opened a Leverkusen pilot plant for chemical recycling of high-performance elastomers. MarketScreener reported that more than 90 percent of selected Vulkollan material can be recycled by mass, while the recovered material's carbon footprint can fall by up to two thirds versus fossil-based virgin material.

A separate September 11, 2026 memorandum with Fertiglobe and MB Energy examines ammonia imports through a proposed Hamburg terminal, according to Fertiglobe. The project addresses feedstock resilience and lower-carbon production, but it remains an exploration agreement rather than booked revenue.

Stock stays above compensation

Covestro stock was quoted at EUR 59.80 on Deutsche Boerse AG on September 24, 2026. The 0.00 percent daily change and the EUR 59.46 compensation level leave the takeover terms as the clearest near-term reference for valuation.