Lanxess (LXS GY) CEO says it is fully-financed in the long-term; question of capital hike does not arise

Lanxess's CEO has made it clear that the company is fully financed for its long-term strategies, indicating no immediate need for a capital increase, which likely alleviates concerns around dilution.

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Lanxess (LXS GY) CEO says it is fully-financed in the long-term; question of capital hike does not arise

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  • CEO says it does not expect any additional site closures, but there will be optimisations.
Context

The statement on site optimizations rather than closures suggests a focus on efficiency without major asset sales, which could be viewed positively regarding operational stability and future profitability.

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