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Lanxess sales miss market view, plans job cuts in Germany

Speciality chemicals maker ‌Lanxess on Thursday reported annual sales below market expectations and said it did not expect business to improve before ​the second half of this year.

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“2025 was an extremely tough year for the entire chemical industry and Lanxess as well. For ​2026, we expect to see positive momentum in ​the second half of the year at the earliest, for ‌example ⁠through the German government’s infrast… [615 chars]

Source: Reuters | Published: 2026-03-19T06:16:06Z

Credit: Reuters

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