Lanxess’ preliminary figures were above consensus expectations (sales: +8.5%; adjusted EBITDA: +6.8%). This positive development is anticipated to stem from the changes in contract terms allowing for a more stringent roll-over of higher energy prices.
Despite this head start, the management made no changes to the guidance.
20 Apr 2022
A stronger-than-expected profitable start
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A stronger-than-expected profitable start
Lanxess’ preliminary figures were above consensus expectations (sales: +8.5%; adjusted EBITDA: +6.8%). This positive development is anticipated to stem from the changes in contract terms allowing for a more stringent roll-over of higher energy prices.
Despite this head start, the management made no changes to the guidance.