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LXS LANXESS AG News Story

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Lanxess shares fall in early trade on 'as bad as feared' Q3 results

** Shares in Lanxess LXSG.DE fall 2% in early Frankfurt trade after the German speciality chemicals maker posted its Q3 results below expectations

** Lanxess posts Q3 revenue of 1.33 billion euros ($1.55 billion), down from 1.59 billion euros a year earlier, missing analysts' forecast of 1.43 billion in a company-provided poll

** A local trader says the German company's quarterly numbers came in as bad as feared

** Lanxess also expects FY EBITDA pre-exceptionals to be around the lower end of the range of 520 million to 580 million euros

** The stock, which has lost 17.6% YTD, is seen at the bottom of Germany's mid-cap index .MDAXI

($1 = 0.8575 euros)

 (Reporting by Ozan Ergenay)

 ((ozan.ergenay@thomsonreuters.com))

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