Important to Control Costs in Current Environment, Says Covestro CEO

Important to Control Costs in Current Environment, Says Covestro CEO

Assessment

Interactive Video

Business, Social Studies, Biology

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the company's strong quarterly performance, highlighting a 4.8% revenue increase and a 1% net income rise. Despite market challenges, the company remains committed to shareholder value through dividends and share buybacks. The discussion addresses investor concerns over a recent share price drop, attributing it to broader market conditions. The company is investing in key products like MDI to capitalize on global megatrends such as climate change and renewable energy. The automotive market, while challenging, presents opportunities for growth in electric vehicles and material efficiency.

Read more

3 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the company plan to strengthen its market position according to the text?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the growth drivers mentioned in the text that the company is focusing on?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of the company's revenue is generated outside the automotive market?

Evaluate responses using AI:

OFF