IHS Chemical Week

World News and Views :: Top of the News

Lanxess Reports First-Quarter Loss

12:19 AM MDT | May 7, 2009 | Deepti Ramesh

Lanxess has recorded a net loss of €14 million ($19 million) for the first quarter of 2009, compared with a net profit of €104 million in the first quarter of 2008. Sales decreased by 31%, to €1.05 billion. Ebitda fell 70%, to €66 million. “All business units were impacted by the global recession,” says Axel C. Heitmann, Chairman of the Lanxess board. “The drop in demand of more than 35% reached historic proportions. But by immediately launching our extensive ‘Challenge09’ package of global measures, we succeeded...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa