Covestro Group Consolidated Income Statement
| 2nd quarter 2023 | 2nd quarter 2024 | 1st half 2023 |
1st half 2024 | |
| € million | € million | € million | € million | |
| Sales | 3,720 | 3,690 | 7,463 | 7,200 |
| Cost of goods sold | (3,022) | (3,050) | (6,146) | (5,956) |
| Gross profit | 698 | 640 | 1,317 | 1,244 |
| Selling expenses | (385) | (394) | (764) | (776) |
| Research and development expenses | (93) | (98) | (198) | (189) |
| General administration expenses | (92) | (80) | (179) | (153) |
| Other operating income | 133 | 32 | 148 | 53 |
| Other operating expenses | (95) | (19) | (119) | (37) |
| EBIT1 | 166 | 81 | 205 | 142 |
| Equity-method loss | (5) | 1 | (12) | – |
| Interest income | 17 | 13 | 34 | 29 |
| Interest expense | (42) | (33) | (83) | (72) |
| Other financial result | (6) | (10) | (4) | (16) |
| Financial result | (36) | (29) | (65) | (59) |
| Income before income taxes | 130 | 52 | 140 | 83 |
| Income taxes | (85) | (126) | (122) | (194) |
| Income after income taxes | 45 | (74) | 18 | (111) |
| attributable to noncontrolling interest | (1) | (2) | (2) | (4) |
| attributable to Covestro AG shareholders (net income) | 46 | (72) | 20 | (107) |
| € | € | € | € | |
| Basic /Diluted earnings per share2 | 0.24 | (0.38) | 0.11 | (0.57) |
1 EBIT: income after income taxes plus financial result and income taxes
2 Earnings per share: according to IAS 33 (Earnings per Share), net income divided by the weighted average number of outstanding no-par value voting shares of Covestro AG. The calculation was based on 188,740,330 no-par shares for the second quarter of 2024 (previous year: 189,638,752 no-par shares) and on 188,740,330 no-par shares for the first half of 2024 (previous year: 189,792,703 no-par shares).