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Lanxess AG

LXSG.DE

Latest Trade

58.34EUR

Change

0.74(+1.28%)

Volume

171,077

Today's Range

57.54

 - 

58.70

52 Week Range

42.34

 - 

67.38

As of on the XETRA ∙ Minimum 15 minute delay

Pricing

Previous Close
57.60
Open
57.62
Volume
171,077
3M AVG Volume
5.40
Today's High
58.70
Today's Low
57.54
52 Week High
67.38
52 Week Low
42.34
Shares Out (MIL)
85.24
Market Cap (MIL)
5,037.44
Forward P/E
13.62
Dividend (Yield %)
1.71

Next Event

Q3 2021 Lanxess AG Earnings Release

Latest Developments

More

BP And Lanxess Join Forces On Renewable Raw Materials For Plastics Production

Lanxess Increases Prices For Hexanediol

Lanxess Increases Prices For Inorganic Pigments

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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

Chemical Manufacturing

Contact Info

Kennedyplatz 1

50569

Germany

+49.221.88850

Executive Leadership

Matthias L. Wolfgruber

Independent Chairman of the Supervisory Board

Matthias Zachert

Chairman of the Management Board, Chief Executive Officer

Birgit Bierther

Vice Chairman of the Supervisory Board, Employee Representative

Michael Pontzen

Chief Financial Officer, Member of the Management Board

Anno Borkowsky

Member of the Management Board

Key Stats

2.13 mean rating - 24 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2018

7.2K

2019

6.8K

2020

6.1K

2021(E)

6.9K
EPS (EUR)

2018

4.450

2019

4.730

2020

3.500

2021(E)

4.284
Price To Earnings (TTM)
31.10
Price To Sales (TTM)
0.78
Price To Book (MRQ)
1.50
Price To Cash Flow (TTM)
7.47
Total Debt To Equity (MRQ)
84.32
LT Debt To Equity (MRQ)
67.44
Return on Investment (TTM)
2.42
Return on Equity (TTM)
2.00

Latest News

Latest News

Lanxess bets on disinfectants with $1.3 billion deal

German specialty chemicals maker Lanxess agreed to acquire International Flavors & Fragrances' (IFF) microbial control unit for $1.3 billion, in a move to capitalise on buoyant demand for disinfectants and surface cleaners.

UPDATE 3-Chemicals firm Lanxess targets more deals as markets recover

* Company plans further M&A with focus in consumer protection (Adds M&A comments from press conference)

Chemicals group Lanxess forecasts core profit growth in 2021

German specialty chemicals maker Lanxess on Thursday said it expected its 2021 core profit to rise from the previous year's levels, as it expects many of its customer industries to recover this year.

Chemical firm Lanxess buys U.S.-based Emerald Kalama in $1.1 billion deal

German chemical company Lanxess is buying U.S.-based Emerald Kalama Chemical for an enterprise value of about $1.08 billion to strengthen its consumer business.

Lanxess buys U.S.-based Emerald for enterprise value of $1.08 bln

German chemical company Lanxess on Saturday said it signed a deal to acquire U.S.-based specialty chemicals company Emerald Kalama Chemical for an enterprise value of about $1.08 billion.

Chemicals group Lanxess lifts lower end of 2020 profit forecast as auto demand picks up

German specialty chemicals maker Lanxess <LXSG.DE> lifted the lower end of its 2020 core profit forecast range on Thursday, saying the auto industry was showing first signs of recovery and demand for disinfectant ingredients remained robust amid a second wave of the coronavirus...

Lanxess CEO confirms chemical makers' outlook

The chief executive of Lanxess confirmed the German speciality chemicals maker's outlook in a German newspaper interview but warned that the year was far from over yet.

Disinfectant demand helps Lanxess beat profit forecasts, but harder virus hit coming

German specialty chemicals maker Lanxess <LXSG.DE> reported slightly stronger-than-expected quarterly profit on Wednesday, with firm demand for disinfectant ingredients offsetting a coronavirus-driven slump in engineering plastics.

BRIEF-Lanxess Suspends Share Buyback Due To Corona Crisis

* AIM IS TO CONSERVE GROUP'S LIQUIDITY IN LIGHT OF CURRENT UNCERTAINTIES DUE TO CORONA PANDEMIC

BRIEF-Lanxess CEO Says Planning Further Acquisitions

* ALL PRODUCTION FACILITIES IN CHINA UP AND RUNNING AGAIN - CEO

BRIEF-Lanxess CEO Says Looking To Strike Deal To Sell Leather Business

* CEO SAYS SUPPLY CAPACITY WILL LIKELY BE REDUCED BY 5% DUE TO VIRUS-RELATED LOGISTICS PROBLEMS, SEES PEAK IN MARCH, APRIL

UPDATE 1-Lanxess sees coronavirus hit, will boost protection products

German specialty chemicals maker Lanxess predicted a drop in its 2020 core profit because of the coronavirus outbreak and said it will focus this year on growth in protection products, including antiviral disinfectants.

Lanxess seeks to raise antiviral disinfectant output as coronavirus boosts demand

German specialty chemicals maker Lanxess said on Monday it was trying to eke out higher production volumes of an antiviral disinfectant called Rely+On Virkon from its sites as China's coronavirus epidemic is boosting demand.

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.

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

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