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Lanxess


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Danske Bank, Lotus Bakeries NV, Vesuvius

EUROPE RESEARCH ROUNDUP-Danske Bank, Lotus Bakeries NV, Vesuvius Aug 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Lotus Bakeries NV and Vesuvius, on Tuesday. HIGHLIGHTS * Abrdn Plc ABDN.L : Morgan Stanley raises target price to 160p from 149p * Danske Bank DANSKE.CO : Morgan Stanley initiates coverage with overweight rating * Lotus Bakeries NV LOTB.BR : Berenberg raises target price to EUR 10,300 from EUR 9,000 *
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AstraZeneca, Beazley, Puma

EUROPE RESEARCH ROUNDUP-AstraZeneca, Beazley, Puma Aug 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including AstraZeneca, Beazley and Puma on Monday. HIGHLIGHTS * AstraZeneca AZN.L : TD Cowen raises target price to 14,860p from 13,945p * Beazley BEZG.L : Jefferies raises target price to 1,020p from 975p * Puma SE PUMG.DE : Baader Helvea raises to buy from add * Quilter Plc QLT.L : Berenberg raises target price to 135p from 105p * WPP
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European shares jump, weather turbulence to eke out weekly gain

UPDATE 2-European shares jump, weather turbulence to eke out weekly gain For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window LEG Immobilien up on posting smaller Q2 loss Lanxess reassures with positive Q2 free cash flow, shares up UK's Hargreaves Lansdown agrees $6.9 bln takeover by consortium STOXX 600 up Updated at 1600 GMT By Pranav Kashyap and Ankika Biswas Aug 9 (Reuters) - Europe's main index r ose on Friday, with a continued boost fro
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Positive Q2 FCF boosts Lanxess shares

BUZZ-Positive Q2 FCF boosts Lanxess shares ** Shares in Lanxess LXSG.DE rise around 4% as the speciality chemicals maker reported a positive quarterly free cash flow (FCF) along with its final Q2 results ** "2Q FCF probably not as bad as was feared," J.P. Morgan says ** Jefferies also highlights the positive FCF figure, adds all divisions beat consensus on adj.
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Lanxess reassures with positive Q2 free cash flow

UPDATE 3-Lanxess reassures with positive Q2 free cash flow Posts Q2 free cash flow of 83 million euros Q2 sales decline 5.6% Shares up as much as 6% Recasts to focus on free cash flow, updates shares in paragraph 1 and 6, adds analyst comments throughout, CEO comment in 8 By Linda Pasquini Aug 9 (Reuters) - Germany's Lanxess LXSG.DE generated more cash than expected in the second quarter, boosting its shares on Friday even as the speciality chemicals maker missed sales forecasts.
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Lanxess Forecast For Full Year 2024 Unchanged

BRIEF-Lanxess Forecast For Full Year 2024 Unchanged Aug 9 (Reuters) - LANXESS AG LXSG.DE : FORECAST FOR FULL YEAR 2024 UNCHANGED FOR Q4, GROUP THEN ANTICIPATES A MORE MUTED PERFORMANCE AS A RESULT OF NORMAL SEASONAL DEVELOPMENT. EBITDA MARGIN PRE EXCEPTIONALS FOR Q2 AMOUNTED TO 10.8 PERCENT COMPARED TO 6.0 PERCENT IN SAME PERIOD OF PREVIOUS YEAR Q2
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Lanxess sales drop 5.6% in Q2

Lanxess sales drop 5.6% in Q2 Aug 9 (Reuters) - Speciality chemicals maker Lanxess LXSG.DE on Friday reported a 5.6 % drop in its second-quarter sales, below market expectations, citing lower selling prices as it passed on reduced raw material and energy costs. The Cologne-based company posted revenue of 1.68 billion euros ($1.83 billion) for the second quarter, missing analysts' forecast of 1.72 billion in a poll by Vara Research.
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Standard Lithium names David Park as CEO

Standard Lithium names David Park as CEO Aug 1 (Reuters) - Canadian miner Standard Lithium SLI.V on Thursday named David Park as its new chief executive officer, effective Sept. 1, succeeding longtime CEO Robert Mintak. The incoming CEO has served as a strategic advisor for Standard Lithium over the past year and helped the lithium miner secure an investment from Equinor ASA EQNR.OL in projects located in Southwest Arkansas and East Texas.
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Lanxess soars as Q2 adj. EBITDA exceeds expectations

BUZZ-Lanxess soars as Q2 adj. EBITDA exceeds expectations ** Shares in Lanxess LXSG.DE rise 17.8% after the German speciality chemicals maker posted Q2 adjusted EBITDA above expectations ** Q2 adjusted EBITDA of EUR 181 mln ($198.01 mln), boosted by inventory reduction and cost-saving measures, beats company-compiled consensus by 32% ** This comes
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Lanxess Q2 core profit beats expectations, shares jump

UPDATE 2-Lanxess Q2 core profit beats expectations, shares jump Q2 EBITDA pre-exceptionals at 181 mln euros Sees Q3 EBITDA pre-exceptionals at about Q2 level Shares soar as much as 22% Adds CEO quote in paragraph 4, context in paragraph 7 and updates share move in paragraph 8 By Ozan Ergenay and Linda Pasquini July 17 (Reuters) - Lanxess LXSG.DE reported a better-than-expected preliminary core profit for the second quarter, and gave an upbeat guidance for the third quarter, sending its shares so
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Lanxess Q2 core profit beats expectations

Lanxess Q2 core profit beats expectations July 17 (Reuters) - Lanxess LXSG.DE reported a better-than-expected preliminary core profit for the second quarter on Wednesday. The Cologne-based chemicals company posted earnings before interest, taxes, depreciation and amortisation (EBITDA) of 181 million euros ($197.89 million), exceeding analysts' expectations of 137 million euros.
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Diageo, Publicis, Wolters Kluwer NV

EUROPE RESEARCH ROUNDUP-Diageo, Publicis, Wolters Kluwer NV July 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Diageo, Publicis and Wolters Kluwer NV, on Thursday. HIGHLIGHTS * Diageo DGE.L : HSBC cuts target price to 3,300p from 3,500p * Mfe-Mediaforeurope NV MFEB.MI : JP Morgan raises to overweight from neutral * Prosiebensat 1 Media SE PSMGn.DE : JP Morgan raises to overweight from neutral * Publicis PUBP.PA : JP Morgan cuts
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VCI Steilemann: Foreign Investments In German Chemical Industry Are Welcomed - Conf Call

BRIEF-VCI Steilemann: Foreign Investments In German Chemical Industry Are Welcomed - Conf Call July 8 (Reuters) - VCI: VCI PRESIDENT STEILEMANN: FOREIGN INVESTMENTS IN GERMAN CHEMICAL INDUSTRY ARE VERY WELCOMED - CONFERENCE CALL Further company coverage: 1COV.DE (Gdansk Newsroom)
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Germany's VCI says chemical industry's half-year sales fall 1%, confirms outlook

Germany's VCI says chemical industry's half-year sales fall 1%, confirms outlook July 8 (Reuters) - Germany's chemical industry recorded sales of 112 billion euros ($121 billion) in the first half of 2024, down 1% from 114 billion euros last year, as the mood in the industry remains cautious, industry lobby VCI said on Monday. The chemicals sector, Germany's third-largest industry that employs roughly half a million workers, continues to struggle as customers are reluctant to place new orders am
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Bunzl, Relx, Rolls-Royce

EUROPE RESEARCH ROUNDUP-Bunzl, Relx, Rolls-Royce July 4 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Bunzl, Relx and Rolls-Royce, on Thursday. HIGHLIGHTS * Biomerieux BIOX.PA : Midcap raises to buy from hold * Bunzl BNZL.L : HSBC raises to buy from hold * Hennes & Mauritz HMB.ST : HSBC raises to buy from hold * Relx REL.L : Citigroup raises target price to 3525p from 3300p * Rolls-Royce RR.L : Barclays raises target price to 495p
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GS sees uneven recovery for European chemicals; ups Clariant, cuts Akzo

BUZZ-GS sees uneven recovery for European chemicals; ups Clariant, cuts Akzo ** Goldman Sachs favours consumer ingredient and gasses cos over diversified chemicals and paint makers based on pricing power, as the European chemicals sector faces an uneven recovery ** GS notes Europe's STOXX chemicals sub-index .SX4P is up 13% from its October 2023 tr
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Lanxess elects Rainier Van Roessel as new chairman of supervisory board

BRIEF-Lanxess elects Rainier Van Roessel as new chairman of supervisory board May 24 (Reuters) - LANXESS AG LXSG.DE : RAINIER VAN ROESSEL ELECTED NEW CHAIRMAN OF SUPERVISORY BOARD OF LANXESS DR. HANS-JOACHIM MÜLLER (65) WILL JOIN LANXESS SUPERVISORY BOARD AS A NEW MEMBER Further company coverage: LXSG.DE (Gdansk Newsroom)
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Ascential, Cellnex, Wise

EUROPE RESEARCH ROUNDUP- Ascential, Cellnex, Wise May 21 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Ascential, Cellnex and Wise on Tuesday. HIGHLIGHTS * Ascential ASCL.L : Berenberg re-initiates coverage with buy rating; target price 395p * Burberry BRBY.L : Barclays cuts target price to 1090p from 1340p * Cellnex CLNX.MC : Berenberg raises to buy from hold * Trainline TRNT.L : Deutsche Bank initiates coverage with buy rating a
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Top of the Street: Roche, Inditex, Lanxess, Fortum

BUZZ-Top of the Street: Roche, Inditex, Lanxess, Fortum A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Jefferies cuts German chemicals maker Lanxess LXSG.DE to "underperform" from "hold", citing a too-high financial risk related to its debt ** Morgan Stanley downgrades UK-based online car marketplace Auto Trader Group AUTOA.L to "underweight" from "equal-weight", saying the "Deal Builder" service is not driving meaningful growth for another 1-2 years **
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Brokers cut Lanxess to 'underperform' on debt-related risks and low outlook visibility

BUZZ-Brokers cut Lanxess to 'underperform' on debt-related risks and low outlook visibility Adds Exane BNP Paribas' rating change, comments, share move ** German chemicals maker Lanxess LXSG.DE falls around 4% after Jefferies and Exane BNP Paribas downgrade the stock to "underperform" from "hold" on debt-related risks and low visibility on FY guida
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شرائط

مشہور اثاثے

دستبرداری: XM Group کے ادارے ہماری آن لائن تجارت کی سہولت تک صرف عملدرآمد کی خدمت اور رسائی مہیا کرتے ہیں، کسی شخص کو ویب سائٹ پر یا اس کے ذریعے دستیاب کانٹینٹ کو دیکھنے اور/یا استعمال کرنے کی اجازت دیتا ہے، اس پر تبدیل یا توسیع کا ارادہ نہیں ہے ، اور نہ ہی یہ تبدیل ہوتا ہے یا اس پر وسعت کریں۔ اس طرح کی رسائی اور استعمال ہمیشہ مشروط ہوتا ہے: (i) شرائط و ضوابط؛ (ii) خطرہ انتباہات؛ اور (iii) مکمل دستبرداری۔ لہذا اس طرح کے مواد کو عام معلومات سے زیادہ کے طور پر فراہم کیا جاتا ہے۔ خاص طور پر، براہ کرم آگاہ رہیں کہ ہماری آن لائن تجارت کی سہولت کے مندرجات نہ تو کوئی درخواست ہے، اور نہ ہی فنانشل مارکیٹ میں کوئی لین دین داخل کرنے کی پیش کش ہے۔ کسی بھی فنانشل مارکیٹ میں تجارت میں آپ کے سرمائے کے لئے ایک خاص سطح کا خطرہ ہوتا ہے۔

ہماری آن لائن تجارتی سہولت پر شائع ہونے والے تمام مٹیریل کا مقصد صرف تعلیمی/معلوماتی مقاصد کے لئے ہے، اور اس میں شامل نہیں ہے — اور نہ ہی اسے فنانشل، سرمایہ کاری ٹیکس یا تجارتی مشورے اور سفارشات؛ یا ہماری تجارتی قیمتوں کا ریکارڈ؛ یا کسی بھی فنانشل انسٹرومنٹ میں لین دین کی پیشکش؛ یا اسکے لئے مانگ؛ یا غیر متنازعہ مالی تشہیرات پر مشتمل سمجھا جانا چاہئے۔

کوئی تھرڈ پارٹی کانٹینٹ، نیز XM کے ذریعہ تیار کردہ کانٹینٹ، جیسے: راۓ، خبریں، تحقیق، تجزیہ، قیمتیں اور دیگر معلومات یا اس ویب سائٹ پر مشتمل تھرڈ پارٹی کے سائٹس کے لنکس کو "جیسے ہے" کی بنیاد پر فراہم کیا جاتا ہے، عام مارکیٹ کی تفسیر کے طور پر، اور سرمایہ کاری کے مشورے کو تشکیل نہ دیں۔ اس حد تک کہ کسی بھی کانٹینٹ کو سرمایہ کاری کی تحقیقات کے طور پر سمجھا جاتا ہے، آپ کو نوٹ کرنا اور قبول کرنا ہوگا کہ یہ کانٹینٹ سرمایہ کاری کی تحقیق کی آزادی کو فروغ دینے کے لئے ڈیزائن کردہ قانونی تقاضوں کے مطابق نہیں ہے اور تیار نہیں کیا گیا ہے، اسی طرح، اس پر غور کیا جائے گا بطور متعلقہ قوانین اور ضوابط کے تحت مارکیٹنگ مواصلات۔ براہ کرم یقینی بنائیں کہ آپ غیر آزاد سرمایہ کاری سے متعلق ہماری اطلاع کو پڑھ اور سمجھ چکے ہیں۔ مذکورہ بالا معلومات کے بارے میں تحقیق اور رسک وارننگ ، جس تک رسائی یہاں حاصل کی جا سکتی ہے۔

خطرے کی انتباہ: آپکا سرمایہ خطرے پر ہے۔ ہو سکتا ہے کہ لیورج پروڈکٹ سب کیلیے موزوں نہ ہوں۔ براہ کرم ہمارے مکمل رسک ڈسکلوژر کو پڑھیے۔