Lanxess AG reported a strong sequential increase in EBITDA and cash flow for the second quarter of 2026, confirming its full-year guidance of between EUR450 million and EUR550 million. The company described the quarter as an operational turning point, with improvements in both pricing and volume, and issued quantitative third-quarter guidance of EUR130 million to EUR150 million. Lanxess also successfully issued a EUR500 million bond with a five-year tenure and a coupon of 4.375% to replace a bond due in October. Management highlighted tight net working capital management, especially on inventory, and noted that net financial debt has been consistently reduced over the last few years with further improvements expected. CEO Matthias Zachert and other managers made personal share purchases during the quarter, signaling confidence in the company's potential.
LANXESS AktiengesellschaftStrong Q2 EBITDA and cash flow, confirmed guidance, and successful bond issuance signal financial health.
