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Lanxess sees full-year core profit hit from economic slowdown, political risks

Lanxess sees full-year core profit hit from economic slowdown, political risks

Reuters20-03-2025
GDANSK, March 20 (Reuters) - German specialty chemicals maker Lanxess (LXSG.DE), opens new tab said on Thursday it expects its full-year 2025 earnings to be impacted by slow economic growth and a high likelihood of politically triggered economic turbulence.
The company said it expects earnings before interest, taxes, depreciation and amortisation (EBITDA) pre exceptionals to reach between 600 million euros ($653.82 million)and 650 million euros by end of the year, including the pro-rata contribution of Urethane Systems.
Vara Research analysts had expected the company's 2025 EBITDA pre exceptionals to reach 674.8 million euros.
($1 = 0.9177 euros)
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