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Last €47.76 EUR
Change Today -0.288 / -0.60%
Volume 638.9K
LXS On Other Exchanges
Symbol
Exchange
OTC US
OTC US
As of 3:55 PM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

lanxess ag (LXS) Snapshot

Open
€48.15
Previous Close
€48.05
Day High
€48.26
Day Low
€47.02
52 Week High
05/13/14 - €55.16
52 Week Low
01/15/15 - €33.53
Market Cap
4.4B
Average Volume 10 Days
538.5K
EPS TTM
€0.57
Shares Outstanding
91.5M
EX-Date
05/14/15
P/E TM
84.1x
Dividend
€0.50
Dividend Yield
1.05%
Current Stock Chart for LANXESS AG (LXS)

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lanxess ag (LXS) Details

LANXESS Aktiengesellschaft develops, manufactures, and markets plastics, rubber, intermediates, and specialty chemicals worldwide. It operates in three segments: Performance Polymers, Advanced Intermediates, and Performance Chemicals. The Performance Polymers segment offers rubbers for use in vehicles, tiers, construction, and footwear industries; engineering plastics; and polyamide compounds. The Advanced Intermediates segment offers intermediates for the agrochemical and coating industries; and fine chemicals as precursors and intermediates for pharmaceuticals, agrochemicals, and specialty chemicals, as well as custom manufacturing services. The Performance Chemicals segment provides material protection products; inorganic pigments for the coloring of concrete, emulsion paints, and other coatings; finishing agents for the leather industry; rubber chemicals; reverse osmosis membrane elements and ion exchange resins for water treatment; and plastics additives, such as flame retardants and plasticizers. LANXESS Aktiengesellschaft was founded in 1863 and is headquartered in Cologne, Germany.

16,584 Employees
Last Reported Date: 03/19/15
Founded in 1863

lanxess ag (LXS) Top Compensated Officers

Chairman of The Board of Management
Total Annual Compensation: €2.0M
Industrial Relations Director and Member of B...
Total Annual Compensation: €1.4M
Compensation as of Fiscal Year 2014.

lanxess ag (LXS) Key Developments

LANXESS Starts Production at Its New EPDM Plant in China

LANXESS has successfully started its new EPDM plant in Changzhou (Jiangsu Province), China. With the gradual ramp-up of the new plant LANXESS completes its global EPDM (ethylene propylene diene rubber) asset base. Over the next months LANXESS will be running sampling and approbation processes with customers. The new plant will produce in total ten premium grades of EPDM tailored to Chinese and Asian customer needs. The plant has a nameplate capacity of 160,000 metric tons per year. It is located at the well-established Changzhou Yangtze Riverside Industrial Park, with access to excellent storage and ship uploading facilities.

Lanxess Plans to Slash About 140 Jobs in Rubber Production; Reports Earnings Results for the Fourth Quarter and Full Year 2014; Provides Earnings Guidance for the First Quarter and Full Year 2015

Lanxess announced that it plans to slash about 140 jobs in rubber production, in addition to the already announced elimination of 1,000 positions. The company reported earnings results for the fourth quarter and full year 2014. For the quarter, the company reported sales fell by 5.5% year on year to EUR 1.9 billion, while pre-exceptional earnings before interest, tax, depreciation and amortization (EBITDA) was down by 12.5% to EUR 154 million. Its operating result, or earnings before interest and taxes (EBIT), narrowed to a loss of EUR 62 million from the loss of EUR 262 million in the same period of 2013. Net loss narrowed to EUR 68 million last year, compared with the loss of EUR 204 million in 2013, amid lower operating losses. For the year 2014, the company's adjusted EBITDA stood at EUR 808 million in 2014, up from EUR 735 million in 2013. The company swung to a net income of EUR 47 million from a net loss of EUR 159 million in 2013. Its sales fell by 3.5% year on year to EUR 8 billion in 2014. For the first quarter of 2015, the company expects EBITDA pre-exceptional to improve against the prior-year quarter to between EUR 210 million and EUR 230 million. For the year 2015, the company expects earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for special items, to be on the previous year's level in 2015.

Lanxess to Reduce Nd-PBR Production at Texas Site

Lanxess announced that it will be reducing production of neodymium polybutadiene rubber (Nd-PBR) at Orange, Texas in 2016 as it focuses global production of that product at Dormagen, Germany, and at Singapore. The company also said that it plans to close an ethylene propylene diene monomer (EPDM) facility at Marl, north of Essen, Germany, by the end of 2015.

 

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Industry Analysis

LXS

Industry Average

Valuation LXS Industry Range
Price/Earnings 83.4x
Price/Sales 0.5x
Price/Book 1.9x
Price/Cash Flow 86.3x
TEV/Sales 0.2x
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