Lanxess falls as Q2 earnings beat fails to trigger guidance upgrade

LANXESS AG

07/08/2026 08:50

** Shares in Lanxess LXSG.DE fall 3.5% after the speciality chemicals maker kept its annual outlook unchanged despite reporting a Q2 core profit beat
** Lanxess confirmed its FY EBITDA pre-exceptionals guidance of 450 million euros to 550 million euros ($518-$634 million) for 2026
** "Despite the cautious tone, we believe the assumptions underpinning the guidance remain relatively conservative and continue to see the upper end of the range as the more likely outcome," Massimo Bonisoli from Equita SIM says
** "We do not believe today's release provides sufficient evidence to materially change consensus estimates in either direction," Bonisoli adds
** The stock, which has fallen 6% YTD including today's session, is among the worst performers of Germany's mid-cap index .MDAXI


($1 = 0.8679 euros)

 (Reporting by Ozan Ergenay)
 ((ozan.ergenay@thomsonreuters.com))