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LNXSF / Lanxess: China In A Weak Spot

Lanxess: China In A Weak Spot
Construction exposures are generally a problem for Lanxess Aktiengesellschaft right now, and the unexpected weakness in Chinese real estate, spurring rate cuts, are not helpful. On the bright side, the Advent deal has been monetized at an accretive amount, and this has led to a very meaningful deleveraging of around 33%. It's been only a quarter or so of any evident effects from the rate hiking and downcycle, it's too early to enter this as a cycle play. Read More
Posted: Jun 15 2023, 13:36
Author Name: Seeking Alpha
Views: 041850

LNXSF News  

Lanxess: Lacks Staying Power

By Seeking Alpha
September 13, 2023

Lanxess: Lacks Staying Power

LANXESS has to close plants as energy inflation and CO2 measures pose a secular problem. European and Chinese construction is weak. Electronics aren't more_horizontal

LANXESS Aktiengesellschaft (LNXSF) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 5, 2023

LANXESS Aktiengesellschaft (LNXSF) Q2 2023 Earnings Call Transcript

LANXESS Aktiengesellschaft (OTCPK:LNXSF) Q2 2023 Results Conference Call August 4, 2023 7:00 AM ET Company Participants Eva Frerker - Head, IR Matthia more_horizontal

Lanxess: China In A Weak Spot

By Seeking Alpha
June 15, 2023

Lanxess: China In A Weak Spot

Construction exposures are generally a problem for Lanxess Aktiengesellschaft right now, and the unexpected weakness in Chinese real estate, spurring more_horizontal


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