Germany's Lanxess Q2 sales rise on strong demand

LANXESS AG

07/08/2026 06:09

Overview
Germany specialty chemicals firm's Q2 sales rose 6.5% yr/yr to EUR 1.56 bln
Q2 EBITDA pre exceptionals up 1.3% yr/yr to EUR 152 mln
Company says higher demand and sales volumes drove results despite weak economic environment

Outlook
Lanxess confirms 2026 full-year EBITDA pre exceptionals guidance of EUR 450-550 mln
Company says market conditions remain challenging and does not expect further economic momentum in 2026
Lanxess expects cost-reduction programs to deliver greater contributions in second half of 2026

Result Drivers
HIGHER DEMAND - Co said increased demand and higher sales volumes contributed to improved group results
PRICE INCREASES - Co said it was largely able to offset higher raw material and energy costs through price increases
TEMPORARY EFFECTS - Co said it benefited from temporary effects resulting from the conflict in the Middle East

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
 
EUR 1.56 bln
 
Q2 EBITDA
 
EUR 152 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 12 "hold" and 6 "sell" or "strong sell"
The average consensus recommendation for the diversified chemicals peer group is "buy."
Wall Street's median 12-month price target for Lanxess AG is €17.00, about 1% below its August 6 closing price of €17.18
The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 35 three months ago

Reuters Recommended Reads
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Aug 5 - Kronos Worldwide Q2 revenue rises on higher sales volumes
Aug 4 - UK's Synthomer H1 revenue rises, upgrades 2026 outlook

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)