Lanxess Ag (LNXSF.PK), a specialty chemicals company, reported that its second quarter net loss widened to 45 million euros from 16 million euros in the previous year.
EBITDA pre exceptionals for the quarter were 150 million euros, a decline of 17.1 percent from the same quarter last year. Weaker demand in general was accompanied by lower sales volumes in all segments. The sale of the Urethane Systems business unit effective April 1, 2025, also contributed significantly to the decline in EBITDA pre exceptionals.
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