Lanxess AG (OTCPK:LNXSF)
$ 28.59 0 (0%) Market Cap: 2.53 Bil Enterprise Value: 5.27 Bil PE Ratio: 6.10 PB Ratio: 0.52 GF Score: 73/100

Lanxess AG Annual Shareholders Meeting Transcript

May 25, 2022 / 08:00AM GMT
Release Date Price: $40.3 (+3.73%)
Unidentified Company Representative

I would now like to ask Matthias Zachert, our CEO, to start with his presentation on fiscal 2021 and give us an outlook for 2022. The manuscript had also been published on our website previously. However, please check against delivery.

Matthias Zachert
LANXESS Aktiengesellschaft - CEO & Chairman of the Board of Management

Good morning, dear stockholders. I would like to welcome you from Cologne to the virtual LANXESS Annual Stockholders' Meeting. Actually, we have every reason to rejoice today. Fiscal 2021 was a truly successful year for our company despite the ongoing challenges posed by the corona pandemic. And we have also made an excellent start to the current year.

But it is indeed difficult for me to present the successful results of our work to you today with a light heart. The terrible war in Ukraine, which has now already lasted 3 months, the suffering of the people and the effects of this conflict, which can hardly be foreseen today, do concern us all. My generation has not yet had to experience such a war

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