+
LANXESS Confirms FY26 Guidance Despite Weak Q1 Performance
Products

LANXESS Confirms FY26 Guidance Despite Weak Q1 Performance

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.

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.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code