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

Q2 2022 Lanxess AG Earnings Press Conference Transcript

Aug 04, 2022 / 08:00AM GMT
Release Date Price: $37.46 (+2.07%)
Operator

Ladies and gentlemen, welcome to the LANXESS Telephone Press Conference. This conference is being recorded. (Operator Instructions)

Our speaker, Head of Corporate Communications will now start the conference.

Claus Zemke
LANXESS Deutschland GmbH - Head of Corporate Communications

Good morning, colleagues, a warm welcome to our quarterly telephone press conference. Our Chairman of the Board of Management, Matthias Zachert; and CFO, Michael Pontzen will inform you of Q2 and give you an outlook of the full year, and then will also be available for your questions.

Mr. Zachert, you have the floor.

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

Ladies and gentlemen, welcome here in Cologne, on a lovely sunny day. Another good quarter is one that we can look back on, robust in operating terms and strategically robust. Our sales and earnings have been increased significantly over the prior year. We have now made the adjustments based on the announcement of

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