Lanxess mixed Q3 results lift shares after stock underperformance
** Shares in Lanxess LXSG.DE rise 4.8% in early Frankfurt trade
** The German speciality chemicals maker late on Wednesday reported mixed results following share losses in recent weeks
** Lanxess posted a beat to Q3 core profit expectations but a miss on the revenue level, and said FCF of -14 million returned to negative territory after a positive figure in Q2
** The "mixed" results came in after shares have been under pressure in last weeks, a local trader says
** Up to Wednesday's close, shares had lost about 14% from its intraday year high of 29.80 euros on Oct. 3
** Q3 EBITDA pre-exceptionals rose 45.4% to 173 million euros ($186.30 million), beating analysts' forecast of 169 million in a poll by Vara Research
** Q3 sales stable at 1.60 billion euros, below analysts' forecast of 1.66 billion
** Stock seen to top German midcap index .MDAXI
($1 = 0.9286 euros)
Reporting by Linda Pasquini
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