Lanxess downgrades full-year guidance after third-quarter earnings, sales decline

07:35 AM | November 12, 2013 | Natasha Alperowicz

Lanxess today reported lower third-quarter earnings and revenues and downgraded its full-year 2013 guidance. Third-quarter net income was down 88%, to €11 million ($14.7 million), on 5% lower sales,...