Covestro 旗s stronger than 推定する/予想するd second 4半期/4分の1 as 需要・要求する 選ぶs up

By Zuzanna Szymanska

July 9 (Reuters) - Covestro's 予選 second-4半期/4分の1 逮捕する loss and 収入s before 税金s have come in above the market's 合意 期待s 予定 to higher 需要・要求する for its 製品s in June, the German 化学製品s group said on Thursday.

The 全世界の coronavirus 危機 had 傷つける Covestro's first-4半期/4分の1 numbers and 2020 見通し as 重要な 顧客s from the 自動推進の and electronics 産業s had to shut 負かす/撃墜する factories because of the pandemic.

"The (合意) (警官の)巡回区域,受持ち区域 is attributable to higher 需要・要求する in June of this year, 特に in the last weeks," Covestro's 広報担当者 said.

The former Bayer 子会社 said its 予選 逮捕する loss (機の)カム in at around 60 million euros ($67.95 million) versus a loss of 107 million 推定する/予想するd on 普通の/平均(する) by 分析家s in a Vara 研究 合意 published on July 8.

分析家s in the Vara 研究 合意 推定する/予想するd the company to 回復する 徐々に after making a loss for two 連続した 4半期/4分の1s, but their 見積(る) for the period ending on June 30 had 含むd a much wider loss.

The 状況/情勢 is still not (疑いを)晴らす enough to say that Covestro's third 4半期/4分の1 is also going to be much better than the market's 期待s, Covestro's 広報担当者 said.

Covestro 株 were up 5.2% at 1315 GMT.

JP Morgan 分析家s said Covestro's second-4半期/4分の1 容積/容量s 暗示するd a 選び出す/独身-digit 百分率 拒絶する/低下する in June, an 改良 from the 低迷 of about one third that the company experienced in April and May.

The 合意 (警官の)巡回区域,受持ち区域 is driven by a strong 核心 利益(をあげる) in Covestro's polycarbonate 分割, JP Morgan said.

Polycarbonates are a type of hard plastic that 製造業者s use for car 内部のs, electronic 器具/備品 and toys.

JP Morgan 分析家s said 商品/必需品 polycarbonate spreads in 中国 改善するd thanks to lower raw 構成要素 prices in the second 4半期/4分の1, which should have helped Covestro.

The company 生成するs over 20% of 歳入s and 持つ/拘留するs more than 30% of its 資産s in 中国.

予選 収入s before 利益/興味, 税金s, 価値低下 and amortization (EBITDA) 量d to 124 million euros in the second 4半期/4分の1 versus 合意 予測(する)s for EBITDA of 80 million euros, Covestro said.

The company is 予定 to 報告(する)/憶測 half-year 収入s on July 23.

($1 = 0.8830 euros) (報告(する)/憶測ing by Zuzanna Szymanska in Gdansk; editing by Jason Neely and Jane Merriman)

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