Added to YB: 2025-02-12
Pitch date: 2024-12-31
LXS.DE [bullish]
LANXESS Aktiengesellschaft
-24.52%
current return
Author Info
No bio for this author
Company Info
LANXESS Aktiengesellschaft, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide.
Market Cap
EUR 1.8B
Pitch Price
EUR 23.49
Price Target
N/A
Dividend
0.48%
EV/EBITDA
9.05
P/E
-10.85
EV/Sales
0.63
Sector
Chemicals
Category
value
Oakmark International Small Cap Strategy Portfolio Holding: LANXESS Aktiengesellschaft
LXS.DE: Q3 EBITDA up on improved utilization & efficiency. FCF missed due to safety stock build-up. Sold non-core Urethanes for €460M. Stock down despite meeting expectations. Temporary cash flow hit from prudent inventory decision. Medium-term deleveraging on track. Shares remain undervalued.
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