Second quarter results buoy LANXESS' outlook

摘要

Lanxess has lifted its expectations for 2011 after achieving record results in the second quarter. The specialty chemicals company now expects EBITDA pre exceptional to grow about 20 percent year-on-year after previously forecasting a growth of 10-15 percent. EBITDA pre exceptionals in the second quarter rose 26 percent year-on-year to EUR 339 million.