17 March 2016
DETAILS
The LANXESS Board of Management at the company's Annual Press Conference:
(from left to right) Rainier van Roessel,
Member of the Board and Labor Director,
Michael Pontzen, CFO,
Matthias Zachert, CEO, and
Hubert Fink, Member of the Board. Photo: LANXESS AG
Lanxess' EBITDA margin pre exceptionals
improved from 10.1 percent to 11.2 percent.
Net income also increased substantially
to EUR 165 million from EUR 47 million.
Compared with the prior year, sales remained
virtually stable at EUR 7.9 billion (2014: EUR 8.0 billion).
Here, lower selling prices resulting from
lower raw material prices
were largely compensated by favorable currency effects.
- EBITDA pre exceptionals increases
by 9.5 percent to EUR 885 million - EBITDA margin improves from 10.1 to 11.2 percent
- Net income advances substantially to EUR 165 million
- Sales level with the prior year at around EUR 7.9 billion
- Proposed dividend 20 percent higher at EUR 0.60 per share
- Net financial liabilities substantially
reduced to around EUR 1.2 billion - Forecast for full year 2016:
EBITDA pre exceptionals
between EUR 880 million and EUR 930 million
Matthias Zachert,
Chairman of the Board of Management of LANXESS AG
“Fiscal 2015 was successful for LANXESS in every respect.
We implemented our realignment faster than planned and,
at the same time, significantly improved
our profit situation and financial position.
We have thus laid a stable foundation for our growth course,”
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