Lanxess AG (WBO:LXS)
€ 22.79 -1 (-4.2%) Market Cap: 1.95 Bil Enterprise Value: 4.46 Bil PE Ratio: 0 PB Ratio: 0.45 GF Score: 69/100

Q1 2020 LANXESS AG Earnings Press Conference Transcript

May 06, 2020 / 08:00AM GMT
Release Date Price: €46.17 (+1.18%)
Operator

Ladies and gentlemen, welcome to the telephone conference at LANXESS. It will be recorded. (Operator Instructions) And now Claus Zemke will begin the conference. He's Head of Corporate Communications.

Claus Zemke
LANXESS Deutschland GmbH - Head of Corporate Communications

Good morning, dear colleagues. Good morning, and welcome to our Q1 conference call. At least, we could be joined together acoustically. I hope that you're all doing well. We are practicing social distancing here in the room. We have Matthias Zachert, the CEO; and Michael Pontzen, CFO. They'll be informing us with regard to Q1 and giving us an overview.

Mr. Zachert, you have the floor.

Matthias Zachert
LANXESS Aktiengesellschaft - CEO & Chairman of the Board of Management

Hello. Welcome. Good morning from me as well. I will now start the presentation from Page 3.

So we're well prepared through the crisis. Of course, protection of our employees has utmost priority. And I think that we took a good approach. We acted at an

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