LANXESS Confirms FY26 Guidance Despite Weak Q1 Performance

26 May 2026 CW Team

Specialty chemicals company LANXESS reported a subdued start to FY26, impacted by weak economic conditions, geopolitical uncertainty and the impact of portfolio divestments, while confirming its full-year earnings guidance.

The company reported sales of EUR 1.378 billion in Q1 FY26, down 13.9 per cent from EUR 1.601 billion in the corresponding quarter last year. EBITDA pre exceptionals declined 29.3 per cent to EUR 94 million from EUR 133 million, while EBITDA margin pre exceptionals narrowed to 6.8 per cent from 8.3 per cent.

LANXESS said lower raw material costs, pricing pressure from Asian markets, exchange-rate movements and the sale of its Urethane Systems business affected performance.

“The start of the year was weak, but since March we have seen a slight positive momentum. Due to the conflict in the Middle East, the supply chains of many Asian competitors have been disrupted, causing customers to turn back to European suppliers such as LANXESS,” said Matthias Zachert, CEO of LANXESS.

The company expects Q2 EBITDA pre exceptionals to improve to EUR 130–150 million and maintain its FY26 guidance of EUR 450–550 million.

Consumer Protection sales declined 10.7 per cent to EUR 458 million, while Speciality Additives sales fell 4.4 per cent to EUR 521 million. Advanced Intermediates recorded the sharpest decline, with sales down 16.8 per cent to EUR 396 million amid weaker demand and lower capacity utilisation.

Net income widened to a loss of EUR 141 million compared to a loss of EUR 57 million a year earlier. Net financial liabilities stood at EUR 2.085 billion as of 31 March 2026.

Infrastructure Energy

15 Jun 2026

Tembo Global FY26 Revenue Rises 46.7% To Rs 10.9 Bn

Tembo Global Industries announced its consolidated financial results for the financial year ended 31 March 2026, reporting strong growth across key business segments and strategic expansion areas.The company’s revenue rose 46.7 per cent year-on-year to Rs 10.9 billion (bn) in FY26. EBITDA increased 55.4 per cent and profit after tax grew 79.7 per cent, supported by improved scale, operating leverage and disciplined execution.Sanjay J Patel, Managing Director, Tembo Global Industries, said FY26 was a transformational year for the company, marked by strong financial performance, execution exce..

Hindustan Zinc Marks Women In Mining Day With Inclusion Push

Hindustan Zinc commemorated International Women in Mining Day by celebrating over 740 women professionals working across its core mining and smelting operations. Women now represent 26.4 per cent of the company’s workforce, setting a strong benchmark for gender diversity in India’s metals and mining sector.The company said women are contributing across underground mines, digital control rooms, remote operations, mine rescue teams, smelters and night shifts. Hindustan Zinc is home to one of Asia’s largest cohorts of women in mining and continues to expand women’s participation in techno..

Vedanta Marks Women In Mining Day With Inclusion Push

Vedanta Group has reaffirmed its commitment to building a more inclusive and future-ready workforce on International Day for Women in Mining. Women now account for 23 per cent of Vedanta’s workforce, significantly higher than the mining industry average of 6 per cent.The company said 13 per cent of women employees are deployed across mines, plants, smelters, refineries and control centres, which are traditionally among the most challenging and underrepresented areas of the sector. Vedanta has set a target of achieving 35 per cent women representation across its workforce.The progress has bee..