Lanxess profit rise ‘gratifying’
20/03/2015
Leather chemicals maker Lanxess says its realignment is on course, after improving its operating result and profit in fiscal 2014 on the back of a “challenging market and competitive environment”. While sales declined slightly by 3.5% to €8 billion, earnings before tax increased by 9.9% to €808 million. The group significantly reduced its net...