News

Lanxess significantly improves earnings

17/08/2006

Sales were down as expected, declining by 5.8% year-on-year from €1,859 million to €1,751 million, mainly due to the divestments of the Fibres and Paper business units and the RheinChemie subsidiary iSL-Chemie. However, net income more than tripled to €77 million, compared with €24 million for the second quarter of 2005.

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