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LXS LANXESS AG News Story

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Lanxess posts first-quarter core profit in line with estimates

May 7 (Reuters) - Speciality chemicals maker Lanxess LXSG.DE reported its quarterly core profit broadly in line with market expectations on Thursday amid geopolitical uncertainties.

The Cologne-based company posted earnings before interest, taxes, depreciation and amortisation (EBITDA) pre-exceptionals of 94 million euros ($110 million) for the first quarter, slightly above analysts' forecast of 92 million euros in a poll provided on Lanxess' website.

($1 = 0.8511 euros)

(Reporting by Ozan Ergenay in Gdansk, editing by Milla Nissi-Prussak)

((Ozan.Ergenay@thomsonreuters.com; +48 58 746 90 34))

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