Bartosz Dabrowski

1 month ago | marketscreener.com | Patricia Weiss |Bartosz Dabrowski

(Reuters) -Germany's Covestro on Tuesday cut its 2025 core profit expectations and said it would implement its strategy of production in the same region that it sells, as higher U.S. tariffs threaten to erode the chemical maker's earnings. The company narrowed the range of its expected 2025 earnings before interest, tax, depreciation and amortisation to 1 billion to 1.4 billion euros ($1.13 billion to $1.59 billion). It had previously forecast EBITDA in a range of 1.0-1.6 billion euros.