MUMBAI, JUNE 08, 2026 (GPN/ SACHIN MURDESHWAR 📞 9869646783) – A persistently weak economic environment, ongoing geopolitical uncertainties and prior year’s portfolio divestments characterized the first quarter of the 2026 financial year for specialty chemicals company LANXESS. Sales amounted to EUR 1.378 billion, which was 13.9 percent below the sales of EUR 1.601 billion in the same quarter of the previous year. EBITDA pre exceptionals reached EUR 94 million, down 29.3 percent from the EUR 133 million recorded in the same quarter of the previous year. The EBITDA margin pre exceptionals for the first quarter was 6.8 percent, compared with 8.3 percent in the same quarter of the previous year.

In a market environment that remained weak, lower input prices for raw materials and persistent price pressure from the Asian region in some businesses led to lower selling prices. Furthermore, exchange rate movements and the portfolio effect resulting from the sale of the Urethane Systems business as of April 1, 2025, had a negative impact on the results.

“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. Supply capability is currently a significant competitive advantage. At the same time, we have raised prices for many of our products to pass on the increased costs of raw materials, energy and logistics,” said Matthias Zachert, CEO of LANXESS.