Leather lags, but ‘stable’ Lanxess H1 results please the board

02/08/2019

Leather chemicals manufacturer Lanxess has reported revenues of €3.6 billion for the first six months of 2019, which is flat with the figure for the same months last year. Its net income on this figure was up by 3.2% year on year at €184 million. Specific to the leather part of its business, Lanxess its chrome ore business had been weak and that...