Lanxess AG (XTER:LXS)
€ 23.42 0.06 (0.26%) Market Cap: 2.02 Bil Enterprise Value: 4.53 Bil PE Ratio: 0 PB Ratio: 0.46 GF Score: 70/100

Q1 2020 LANXESS AG Earnings Call Transcript

May 06, 2020 / 11:00AM GMT
Release Date Price: €46.09 (+1.16%)
Operator

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

AndrÃ;Simon
LANXESS Aktiengesellschaft - Head of IR

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Yes. Thank you very much. Welcome to everybody to our Q1 2020 conference call from my end as well. Yes, first of all, I hope that you and your families are fine and healthy in these days.

As always, I have with me our CEO, Matthias Zachert; and our CFO, Michael Pontzen. Please take notice of our safe harbor statement. And with that, I'm happy to hand over to Matthias for a brief presentation and afterwards, as always, the Q&A. Matthias, go ahead, please.

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

So a warm welcome from my side as well. I will go through the presentation and start on Page #4.

EBITDA for Q1 2020, at EUR 245 million, 10% down versus previous year

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