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Lanxess’ EBITDA pre exceptionals rise by 29.6%

Lanxess’ EBITDA pre exceptionals rise by 29.6%

Specialty chemicals company Lanxess continues on its profitable growth path. The company ended fiscal year 2017 with record earnings. Lanxess has also made a good start to the new year.

EBITDA pre exceptionals rose by 29.6 percent in fiscal year 2017 to 1.29 billion euros, the highest result in the company’s history. In the previous year, EBITDA pre exceptionals amounted to 995 million euros. The operating result was therefore at the top end of the forecast range of 1.25 billion euros to 1.3 billion euros.

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Lanxess AG reports its highest ever earnings with a 25 % increase

Lanxess AG reports its highest ever earnings with a 25 % increase

Specialty chemicals company Lanxess has reported the earnings for the third quarter of 2017 as the highest in its history. Global sales increased by 25.1 per cent from 483 million euros to 2.4 billion euros. A year earlier, they amounted to 1.9 billion euros. EBITDA pre exceptionals improved by 35 per cent to 347 million euros, compared with 257 million euros in the prior-year quarter.