Lanxess Ag (LNXSF.PK) revealed Loss for fourth quarter of -EUR64 million
The company's bottom line totaled -EUR64 million, or -EUR0.74 per share. This compares with -EUR590 million, or -EUR6.83 per share, last year.
The company's revenue for the period rose 3.3% to EUR1.483 billion from EUR1.436 billion last year.
Lanxess Ag earnings at a glance (GAAP) :
-Earnings: -EUR64 Mln. vs. -EUR590 Mln. last year.-EPS: -EUR0.74 vs. -EUR6.83 last year.-Revenue: EUR1.483 Bln vs. EUR1.436 Bln last year.
For the fourth quarter, the Group posted adjusted earnings from continuing operations of 0.21 euro per share, compared with a loss of 0.30 euro per share, recorded for the same period last year.
Lanxess plans to pay a stable dividend of 0.10 euro for the full-year 2024, when compared with the previous year.
Looking ahead, for the full-year 2025, the company expects EBITDA pre exceptionals of 600 to 650 million euros, which corresponds to operational growth of around 10 percent on an adjusted basis.
For the full-year 2024, the Group has registered EBITDA pre exceptionals of 614 million euros.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.