... but the non-operational activities could have been better under control. However, Lanxess showed quite a good resilience in a shaky business environment. It looks as if the company has implemented a stronger ‘volume-resilience’ as profitability did not suffer too much from lower volumes, which stemmed from the strong adjustment of the business model, additionally helped by the other measures implemented. Our expectations have been met and consensus was beaten on the profitabil
14 May 2019
Good operational performance...
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Good operational performance...
LANXESS AG (LXS:WBO) | 0 0 (-0.2%) | Mkt Cap: 6,194m
- Published:
14 May 2019 -
Author:
Martin Schnee -
Pages:
3
... but the non-operational activities could have been better under control. However, Lanxess showed quite a good resilience in a shaky business environment. It looks as if the company has implemented a stronger ‘volume-resilience’ as profitability did not suffer too much from lower volumes, which stemmed from the strong adjustment of the business model, additionally helped by the other measures implemented. Our expectations have been met and consensus was beaten on the profitabil