Lanxess AG

FRA:LXS ISIN:DE0005470405

LANXESS AG (ETR:LXS) is a leader in specialty chemicals and operates in all important global markets. In 2008, the company, which is listed on the Frankfurt Stock Exchange, achieved sales of EUR 6.58 billion.

With its extensive portfolio, it focuses on premium business. Its core business comprises the development, manufacture and sale of plastics, rubber, specialty chemicals and intermediates. In addition, it supports its customers in developing and implementing made-to-measure system solutions. In these areas, which are at the very heart of the chemical industry, LANXESS has core expertise in the form of chemical and application-related know-how, flexible asset management and customer proximity. Our aim is, through innovative products, optimized processes and new ideas, to generate added value for the customers and the company.  
 
  

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News

LANXESS AG (ETR:LXS) Earnings Rebound In Q2 2009

🕔8/13/2009 4:30:09 PM 5043

LANXESS AG (ETR:LXSG)(PINK:LNXSF) significantly increased earnings in the second quarter in comparison to the weak first quarter of 2009 despite the ongoing difficult economic conditions worldwide. The specialty chemicals company posted EBITDA pre exceptionals of EUR 112 million, in line with its published guidance of EUR 100-120 million. The operating earnings figure was down 50 percent year-on-year but rose 70 percent from the first quarter of 2009 due to substantial volume increases, notably in Asia, as well as savings yielded by the "Challenge09" package of measures.

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Company Data

    Headquarters
  • Building K10
    Leverkusen, 51369
    Germany
  • Telephone
  • +49-214-3033333 
  • Fax
  • +49-214-3040944 
  • Principal Sector
  • Industrial 
  • Principal Industry
  • Chemicals 
  • Homepage
  • www.lanxess.com