Lanxess AG (WBO:LXS)
€ 23.21 -0.15 (-0.64%) Market Cap: 2.02 Bil Enterprise Value: 4.53 Bil PE Ratio: 0 PB Ratio: 0.46 GF Score: 66/100

Lanxess AG Investor Call: LANXESS and Advent to Establish Joint Venture Transcript

May 31, 2022 / 06:30AM GMT
Release Date Price: €43.37 (+11.49%)
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the LANXESS Conference Call. I would like to turn the conference call over to André Simon, Head of Investor Relations. Please go ahead.

AndrÃ;Simon
LANXESS Aktiengesellschaft - Head of IR

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Thank you very much, Alexandra, and good morning to everybody from Cologne, and a warm welcome to our conference call regarding our strategic steps we initiated this morning. I have our CEO, Matthias Zachert; and our CFO, Michael Pontzen. Please take note of our safe harbor statements.

With that, I'm happy to hand over to Matthias for a presentation and afterwards the Q&A. Matthias, please go ahead.

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

Yes. Thank you, André, and a warm welcome from my side as well. I'm addressing the presentation that has been dispatched this morning. And let's come to the deal we've just announced a few moments ago. It's not often during a

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