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Lanxess remains robust: Guidance for 2020 confirmed

Lanxess remains robust: Guidance for 2020 confirmed

Lanxess is continuing to weather the crisis well and is confirming its forecast for the full year. The specialty chemicals company still anticipates EBITDA pre exceptionals of between EUR 800 million and EUR 900 million for 2020.

Lanxess achieves full-year target despite challenging environment

Lanxess achieves full-year target despite challenging environment

Lanxess had a successful fiscal year 2019. EBITDA pre exceptionals increased by 3.3 percent to EUR 1.019 billion. The earnings came in roughly in the middle of the range of EUR 1.00 billion to EUR 1.05 billion. In the previous year, the company generated earnings of EUR 986 million.

Engel ends fiscal year with growth

Engel ends fiscal year with growth

The Engel Group saw out the 2018/19 fiscal year, which closed at the end of March, with a turnover of €1.6 billion. The injection moulding machine manufacturer and systems solutions provider headquartered in Schwertberg, Austria, once again raised its sales, achieving a 6% increase over the previous year.