LANXESS raises guidance for 2015 again and presents new strategy_by chemwinfo

5 November 2015

ABOUT LANXESS

DETAILS

• EBITDA pre exceptionals for full year 2015 now
  expected between EUR 860 million and EUR 900 million
  
  
• EBITDA pre exceptionals in the third quarter 2015
  improved by around 12 percent to EUR 235 million;
  net income up 17 percent to EUR 41 million 
  
  
• Realignment of business being accelerated:
  Additional annual savings of EUR 150 million
  from the end of 2019 on to be achieved
  by optimizing plant network
  
  
• New strategic focus:
  * Advanced Intermediates,
  * Performance Chemicals and
  * High Performance Materials
  to serve as platform for future growth
  
  
• EUR 60 million capital expenditure for Leverkusen site

CEO Matthias Zachert:

“LANXESS will become a more profitable and

 less cyclical specialty chemicals company

 with growth potential.”

READ MORE

CONTACT LANXESS

Ingo Drechsler

Head of External Relations

Phone: +49 221 888 53790

Fax.: +49 221 8885 4994

Daniela Eltrop

Spokesperson Financial and Business Media

Phone: +49 221 8885 4010

Rudolf Eickeler

Spokesperson Financial and Business Media

Phone: +49 221 8885 4483

Fax.: +49 221 8885 5691

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