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

Q4 2023 Lanxess AG Earnings Call Transcript

Mar 14, 2024 / 11:30AM GMT

Release Date Price: €24.43 (-6.51%)

Transcript

Operator

Hello, and welcome to the LANXESS Q4 full year 2023 results investor relations call. (Operator instructions)

Please note this call is being recorded. Today, I'm pleased to present Eva Frerker. Please begin your meeting.

Eva Frerker

LANXESS AG - IR

Thank you, Onika, and a warm welcome also from our side.

Thank you for joining the LANXESS Q4 earnings call. As always, we will begin by asking you to take notice of our safe harbor statement.

With me today is our CEO, Matthias Zachert; and our CFO, Oliver Stratmann. Matthias will start with a short presentation, and then we will open the floor for your questions.

I will now hand over to Matthias. Please go ahead.

Matthias Zachert

LANXESS AG - CEO

Thank you, Eva, and welcome to all participants on this conference call. I would like to start our presentation on slide 4, going through the documents that have been dispatched on our Internet's.

2023 was definitely a tough year. We've talked about a multi crisis year with

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