Lanxess AG (LTS:0H7I)

€ 22.805 -0.945 (-3.98%) Market Cap: 1.95 Bil Enterprise Value: 4.46 Bil PE Ratio: 0 PB Ratio: 0.45 GF Score: 71/100

Q2 2019 LANXESS AG Earnings Press Conference Transcript

Aug 02, 2019 / 08:00AM GMT

Release Date Price: €50.82 (-5.61%)

Transcript

Operator

Ladies and gentlemen, welcome to LANXESS Press Webcast. This conference is being recorded. (Operator Instructions) Mr. Claus Zemke will now begin the conference.

Claus Zemke

LANXESS Deutschland GmbH - Head of Corporate Communications

Good morning, colleagues. Welcome to our Q2 conference call with our CEO, Matthias Zachert; and our CFO, Michael Pontzen, who will be reporting to you on the past quarter and will give you guidance for the year as a whole. So now I'd like to hand over to Mr. Zachert.

Matthias Zachert

LANXESS Aktiengesellschaft - Chairman of the Board of Management & CEO

Welcome here to LANXESS. I'm going to guide you through the presentation, starting right now on Page 3. On the whole, it is safe to say that we delivered as promised in the second quarter. Against the backdrop of a difficult market environment, we maintained our performance goals and achieved them.

We have our strategic realignment and we also have the group financials. We scored successes in various niche markets that

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