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Lanxess AG

LXSG.DE

Latest Trade

59.26EUR

Change

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Today's Range

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52 Week Range

39.47

 - 

60.54

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
59.26
Open
--
Volume
--
3M AVG Volume
7.00
Today's High
--
Today's Low
--
52 Week High
60.54
52 Week Low
39.47
Shares Out (MIL)
87.45
Market Cap (MIL)
5,229.38
Forward P/E
14.65
Dividend (Yield %)
1.51

Next Event

Q3 2019 Lanxess AG Earnings Release

Latest Developments

More

Lanxess Agrees Cooperation With Dutch Picoplast B.V.

Lanxess Commissions Two Additional Production Lines For Composite Material Tepex

Lanxess To Sell 40% Stake In Chemical Park Operator Currenta

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About Lanxess AG

LANXESS AG is a Germany-based company engaged in the chemicals sector. It specializes in the development, manufacturing and marketing of chemical intermediates, additives, specialty chemicals and plastics. Its business activities are divided into four segments: Specialty Additives, responsible for manufacture of additives for the rubber and paint industries, among others; Advanced Intermediates, focused on the development of intermediates for the agricultural, plastics, chemicals, consumer goods, construction, tire and automotive industries, among others; Performance Chemicals, which offers material protection products, inorganic pigments, finishing agents for the leather industry and resins for water treatment, among others, and Engineering Materials, which produces technical plastics, glass fibers, fiber composites and elastomers on a urethane basis for application in the automotive, electronics and electrical engineering industries. It operates around 60 production sites worldwide.

Industry

Chemicals - Plastics & Rubber

Contact Info

Konzernzentrale, Kennedyplatz 1

+49.221.88850

https://lanxess.de/

Executive Leadership

Matthias L. Wolfgruber

Independent Chairman Supervisory

Matthias Zachert

Chairman of the Management Board, Chief Executive Officer

Ralf Sikorski

Vice Chairman of the Supervisory Board, Employee Representative

Michael Pontzen

Chief Financial Officer, Member of the Management Board

Jens-Christian Blad

Head of Corporate Development

Key Stats

2.58 mean rating - 26 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

7.7K

2017

9.7K

2018

7.2K

2019(E)

7.2K
EPS (EUR)

2016

2.690

2017

4.140

2018

4.450

2019(E)

4.081
Price To Earnings (TTM)
23.29
Price To Sales (TTM)
0.73
Price To Book (MRQ)
1.97
Price To Cash Flow (TTM)
7.10
Total Debt To Equity (MRQ)
107.15
LT Debt To Equity (MRQ)
104.74
Return on Investment (TTM)
3.86
Return on Equity (TTM)
2.89

Latest News

Latest News

Lanxess, Bayer sell chemical park operator to Macquarie for $3.9 billion

German chemical groups Bayer <BAYGn.DE> and Lanxess <LXSG.DE> have agreed to sell integrated chemical site operator Currenta to Macquarie Infrastructure and Real Assets (MIRA) <MQG.AX> for an enterprise value of 3.5 billion euros ($3.9 billion).

Lanxess, Bayer sell chemical park operator to Macquarie for $3.9 bln

German chemical groups Bayer and Lanxess have agreed to sell chemical park operator Currenta to investor Macquarie Infrastructure and Real Assets (MIRA), the sellers said on Tuesday.

Lanxess chemical reactor data theft hearing set for June

A court in Germany will initiate data theft proceedings in June to hear a case about a former employee at German chemicals maker Lanxess who is accused of stealing trade secrets with the aim of setting up a copycat chemical reactor in China.

Saudi Aramco buys remaining 50 percent of rubber joint venture from Lanxess

Saudi Aramco has completed its acquisition of a 50 percent stake in Arlanxeo, its Netherlands-based joint venture with chemicals firm Lanxess, to become the full owner of the company, it said in a statement on Monday.

Standard Lithium, Lanxess mull Arkansas lithium joint venture

Standard Lithium Ltd said on Monday it had signed an agreement with Lanxess AG to build a pilot plant that will process lithium from Arkansas brine, part of an ongoing study on whether to develop a joint venture to produce the white metal.

Lanxess CEO not a candidate for Thyssenkrupp CEO job: source

Lanxess <LXSG.DE> Chief Executive Matthias Zachert is not available to become CEO of Thyssenkrupp <TKAG.DE>, a source familiar with the matter said, ending speculation that he could replace interim CEO Guido Kerkhoff.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Wednesday:

Germany's Lanxess gets out of rubber with Saudi Aramco sale

Germany's Lanxess <LXSG.DE> is selling its 50 percent stake in synthetic-rubber maker Arlanxeo to partner Saudi Aramco <IPO-ARMO.SE> for around 1.4 billion euros ($1.6 billion) in cash in a deal it said will give it more flexibility to grow.

Lanxess lifts FY profit forecast on Chemtura synergies, prices

Germany's Lanxess <LXSG.DE> raised its forecast for full-year earnings after higher product prices and cost cuts linked to the takeover of specialty additives maker Chemtura bolstered second-quarter results.

Lanxess water treatment unit attracts interest - sources

Lanxess's water treatment business has attracted the interest of potential buyers since the German chemicals group put the unit on the block to streamline its portfolio, people close to the matter said.

BRIEF-Lanxess CEO: U.S.-China Trade Tensions Causing Uncertainty

* LANXESS CEO SAYS U.S.-CHINA TRADE TENSIONS ARE CAUSING UNCERTAINTY; NEED TO MONITOR SITUATION Further company coverage: (Reporting By Berlin Newsroom)

Lanxess drops out of bidding for Akzo Nobel unit: sources

Germany's Lanxess <LXSG.DE> has dropped out of a consortium bidding for Akzo Nobel's <AKZO.AS> specialty chemicals business, two people close to the matter said.

Lanxess drops out of race for Akzo Nobel speciality chem -sources

Germany's Lanxess has dropped out of a consortium that includes U.S. private equity firm Apollo in the bidding war for Dulux paint maker Akzo Nobel's specialty chemicals business, two people close to the matter said.

Lanxess posts 30 percent gain in 2017 core earnings

Germany's Lanxess <LXSG.DE> said full-year core earnings rose by almost 30 percent, driven by volume gains in specialty chemicals and also boosted by the takeover of U.S. peer Chemtura.

UPDATE 1-Lanxess targets rising profitability with new mid-term goals

* Shares slip to bottom of MDAX index (Adds further details on new targets)

Warren Buffett takes 3 percent stake in Germany's Lanxess

Lanxess <LXSG.DE> disclosed on Monday that Berkshire Hathaway <BRKa.N>, the conglomerate run by billionaire Warren Buffett, had acquired a 3 percent stake in the German chemicals maker.

EU mergers and takeovers (March April 3)

The following are mergers under review by the European Commission and a brief guide to the EU merger process:

EU mergers and takeovers (March 31)

The following are mergers under review by the European Commission and a brief guide to the EU merger process:

EU mergers and takeovers (March 29)

The following are mergers under review by the European Commission and a brief guide to the EU merger process:

UPDATE 1-Lanxess Q4 core profit up as business restructure pays off

* Q4 EBITDA comes in just ahead of consensus (Releads, adds CEO comment, details on business performance, shares)

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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