Faster global financial news!
LANXESS Targets Deeper Cost Cuts and Deleveraging Amid Weak Chemical Markets
Specialty chemicals company LANXESS is pursuing additional cost reductions and portfolio adjustments, expecting €170 million in further savings through 2028 from its FORWARD! program. The company reported Q2 EBITDA pre of €152 million, up from €94 million in Q1, and maintained its full-year 2026 EBITDA pre guidance at €450 million to €550 million. LANXESS aims to reduce net debt below 2.5 times EBITDA and restore investment-grade status, partly by monetizing its Envalior stake.
Source：Yahoo财经 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Analysis of REF Coin's Current Status and Development Prospects After Integration with Rhea Finance
-
2
DXD Coin Value and Investment Analysis: Distinguishing Crypto Tokens from Inverse ETFs
-
3
ELEC Coin Analysis: Electrify.Asia Project Status and Market Performance
-
4
OKX App Official Website and OKX Exchange Compliance Analysis
-
5
Gemini Exchange: The Path to Regulatory Compliance and Strategic Transformation
-
6
Understanding APENFT Token Issuance and NFT Circulation
-
7
Will SOL Coin Collapse? Can Solana Become the Next Ethereum?
-
8
What is 4XB coin? Analyzing the current status and potential risks of the 4xBit project
-
9
KingData Platform Features and Analysis: One-Stop Blockchain Data Service
-
10
CISLA Coin: Crypto Island Project Analysis and Market Status
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
