All divisions have increased their profitability, except for Performance Chemicals, by implementing higher sales prices and seeing good demand for their products in a demanding business environment. Q4 came in stronger than expected due to the successful passing on of higher raw material prices and lower one-offs. Consensus was met.
14 Mar 2019
Managing a challenging year not too badly
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Managing a challenging year not too badly
LANXESS AG (LXS:WBO) | 0 0 (-0.2%) | Mkt Cap: 6,194m
- Published:
14 Mar 2019 -
Author:
Martin Schnee -
Pages:
3
All divisions have increased their profitability, except for Performance Chemicals, by implementing higher sales prices and seeing good demand for their products in a demanding business environment. Q4 came in stronger than expected due to the successful passing on of higher raw material prices and lower one-offs. Consensus was met.