Lanxess posts Q3 sales below expectations

LANXESS AG

06/11/2025 06:08

Nov 5 (Reuters) - Speciality chemicals maker Lanxess LXSG.DE on Thursday reported a 16.3% drop in its quarterly sales, below market expectations, citing a continuing weak economic environment.

The Cologne-based company posted revenue of 1.33 billion euros ($1.55 billion) for the third-quarter, down from 1.59 billion euros a year earlier, missing analysts' forecast of 1.43 billion in a company-provided poll.

($1 = 0.8575 euros)

 (Reporting by Ozan Ergenay in Gdansk, editing by Matt Scuffham)

 ((Ozan.Ergenay@thomsonreuters.com;))