IHS Chemical Week

World News and Views :: Top of the News

Lanxess's Quarterly Earnings Soar on Higher Volumes and Selling Prices

3:15 AM MST | November 11, 2010 | Kerri Walsh

 Lanxess reported third-quarter net income of €118 million, compared to earnings of €23 million in the year-ago period. Sales jumped 35%, to €1.8 billion because of a 17% rise in sell prices to offset higher raw material costs, a 9% increase in volumes, and favorable currency exchange rates. Ebitda before exceptionals soared 71%, to €244 million, and Ebitda rose 83%, to €238 million.  Global economic recovery continued in the third quarter, but at a slower pace than in the first half of the year, Lanxess says. Asia and Latin...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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