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LXSG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Lanxess CEO sees continuing margin pressure in rubber ops
Wednesday, 10 Aug 2016 04:50am EDT 

Lanxess CEO Matthias Zachert on conference call : Says earnings decline in rubber operations will continue in H2 . Says will continue to play an active role in M&A . Says margin pressure in rubber operations will continue into 2017 . Says aims to fully consolidate rubber JV for three years, ownership structure shouldn't change for next 5 yrs . Says hopes that Latin America business will pick up again Further company coverage: [LXSG.DE] ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Lanxess gives Q1 and full FY 2016 EBITDA pre exceptionals outlook, to propose FY 2015 dividend
Wednesday, 16 Mar 2016 08:00pm EDT 

Lanxess AG:Forecast for full FY 2016: EBITDA pre exceptionals between 880 million and 930 million euros.Is forecasting EBITDA pre exceptionals between 240 million and 260 million euros for the first quarter of 2016.Will propose that dividend be increased by 20 pct compared with the prior year to 0.60 euros per share for FY 2015.  Full Article

Lanxess AG raises FY 2015 guidance
Thursday, 5 Nov 2015 01:30am EST 

Lanxess AG:Now sees FY 2015 EBITDA at 860-900 million euros ($932-978 million), compared with previous guidance of 840-880 million euros and up from 808 million last year.FY 2015 adjusted EBITDA 862.93 million euros - Thomson Reuters I/B/E/S.  Full Article

German stocks - Factors to watch on September 8

FRANKFURT, Sept 8 The DAX top-30 index looked set to open 0.2 percent lower on Friday, according to premarket data from brokerage Lang & Schwarz at 0625 GMT.