Lanxess annual sales fall despite good Q4 recovery

摘要

Cologne, Germany — Lanxess generated sales of €6.1bn in 2020, down 10.3% on the previous financial year. Across the business, EBITDA before exceptional items fell by 15.4% to €862m in 2020. This compares with €1bn in 2019, a fall of €157m. 'We performed well in the pandemic year of 2020 and pull off a strong finish in the fourth quarter,' said Matthias Zachert, the company's chairman. He added: 'We can tackle 2021 with optimism and focus entirely on growth.'