Lanxess raises guidance for 2016 after the results of a strong first quarter

摘要

Speciality chemicals company Lanxess has raised its earnings forecast for fiscal 2016 and now expects to achieve EBITDA pre-exceptionals of €900-950 million. "We started fiscal 2016 with a good first quarter and the second quarter has [also] begun well. For this reason, we are raising our guidance for the full year," said Lanxess chairman of the board of management Matthias Zachert.