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Lanxess Chief Forecasts ‘Good Start’ to 2012, Handelsblatt Says

Dec. 21 (Bloomberg) -- Lanxess AG, a German specialty chemical company, forecasts that this year’s earnings before interest, tax, depreciation and amortization will be a fifth higher than the 2010 figure, at 1.1 billion euros ($1.4 billion), and the company is confident it will have a good start to 2012, Handelsblatt reported today, citing Chief Executive Officer Axel Heitmann.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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