Added to YB: 2025-02-12
Pitch date: 2024-12-31
LXS.DE [bullish]
LANXESS Aktiengesellschaft
-16.6%
current return
Author Info
No bio for this author
Company Info
LANXESS Aktiengesellschaft, a specialty chemicals company, engages in the development, manufacture, and marketing of chemical intermediates, additives, and consumer protection products worldwide.
Market Cap
EUR 1.8B
Pitch Price
EUR 23.49
Price Target
N/A
Dividend
0.47%
EV/EBITDA
8.59
P/E
-7.57
EV/Sales
0.67
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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