Sep. 07, 2015News & Opinions
Chemical producer Lanxess is set to exit Germany’s DAX 30 index of blue chip stocks on Sept. 21 and move back to the M-DAX of medium-sized companies. The relegation reflects a slump in market capitalization for the world’s ...
Jun. 05, 2014Topics
If Matthias Zachert mounted the steep steps to the new Lanxess headquarters on the Rhine River in Cologne, when returning to the German chemical producer as CEO on April l, he may have mused that the climb could be symbolic of the ...
Oct. 14, 2013Topics
Adaptability — A lot has happened in the world of custom manufacturing since Saltigo was carved out of Lanxess' fine chemicals business in 2006. Companies these days look to their CMOs as true partners to provide them with value-added ...
Nov. 06, 2012News & Opinions
Lanxess is confirming its full-year 2012 guidance despite the challenging business environment. The specialty chemicals company expects full-year EBITDA pre exceptionals growth to be at the lower end of the 5-10% range previously guided.
Sep. 19, 2012News & Opinions
Lanxess has announced a new mid-term goal for its leading earnings indicator - EBITDA pre exceptionals - of EUR 1.8 billion in 2018. The German specialty chemicals company is strategically well-positioned to continue on its established ...
Aug. 11, 2011News & Opinions
Lanxess posted second quarter net income of €181 million or €2.17 per share, up from €131 million or €1.57 per share last year. EBITDA pre exceptionals in the second quarter rose 26% year-over-year to €339 million.
May. 12, 2011News & Opinions
Lanxess published a consensus-beating 2011 outlook after robust demand for synthetic rubber in the auto and tire industries boosted its business in the first quarter.
Lanxess said it will exceed the €1 billion earnings before interest, tax, depreciation and amortization (EBITDA) pre-exceptionals mark in 2011 after achieving its best-ever quarterly result in the first quarter. EBITDA pre exceptionals ...
Mar. 18, 2011News & Opinions
The Chief Executive of Lanxess, Axel Heitmann, said on Thursday the rubber chemicals specialist is screening the market for small to medium-sized takeover opportunities.
Dec. 08, 2009News & Opinions
Interview with Steven Serin, CelaneseHow has 2009 been for your company from a financial standpoint?
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