Lanxess reaps rewards of realignment programme with stable y-o-y net sales

By Josie Shillito
Published: Friday, 08 May 2015

For the first time in a few years, Lanxess has avoided a year-on-year drop in its net sales, thanks to its realignment programme. The Germany-based chemical company, which produces synthetic iron oxide, is in the second phase of its three step cost reduction programme.

Sales at Lanxess have stabilised as the speciality chemicals group’s realignment programme begins to take effect. The group’s Q1 2015 results are the first since 2012 to avoid a year-on-year (y-o-y) decline in sales.

"The good results in the first quarter show that we are on the right...

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