IHS Chemical Week

World News and Views :: Top of the News

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

4:06 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.

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 © 2014 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