Heitmann: Target ‘aggressive but achievable.’ âWe are poised to enter a new era of growth and have set an ambitious target, which we" />
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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Lanxess Sets Ambitious Ebitda Targets; Plans PBR Plant in Asia

8:27 AM MDT | September 17, 2010 | NATASHA ALPEROWICZ IN DÜSSELDORF

Lanxess has pledged to raise its Ebitda before exceptional items to €1.4 billion ($1.8 billion) in 2015 and confirmed its forecast of about €800 million for full-year 2010 Ebitda before exceptional items. The company plans to achieve the earnings target through a dual-track effort of organic and external growth. Organic growth will play the dominant role. Heitmann: Target ‘aggressive but achievable.’ “We are poised to enter a new era of growth and have set an ambitious target, which we...

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