LANXESS raises guidance for 2016 after strong first quarter

摘要

1.EBITDA pre exceptionals up around 14 percent in the first quarter of 2016 to EUR 262 million 2.EBITDA margin pre exceptionals at a good level of 13.6 percent Net income advances substantially to EUR 53 million 3.EBITDA guidance for 2016 now between EUR 900 million and EUR 950 million Following a good first quarter, specialty chemicals company LANXESS has raised its earnings forecast for fiscal 2016. The company now expects to achieve EBITDA pre exceptionals within a corridor of EUR 900 million and EUR 950 million. Previously, LANXESS had assumed earnings of between EUR 880 million and EUR 930 million.