LANXESS sales up 36.1 percent to EUR 1.999 billion in Q2 2022
EBITDA pre exceptionals up 14.5 percent YoY at EUR 253 million
Mumbai, August 23: In a challenging environment with increased raw material and energy costs and difficult logistics conditions, LANXESS increased its earnings again: EBITDA pre exceptionals was EUR 253 million in the second quarter of 2022, 14.5 percent higher than the prior-year quarter’s figure of EUR 221 million.Group sales of EUR 1.999 billion were a considerable 36.1 percent higher than the prior-year quarter’s EUR 1.469 billion. The higher selling prices, in particular, had a positive effect. Net income from continuing operations amounted to EUR 48 million in the second quarter, slightly above the previous year’s figure of EUR 47 million.“Despite the challenging environment, we remain firmly on the right track. The g...