Stable Consumer Protection Segment
The Consumer Protection segment maintained stable operating income with a margin just under 16%, attributed to strategic development and acquisitions, despite increased competition.
Effective Cash Management
The company's cash management was effective in maintaining a stable net financial debt, contributing to a stable capital structure.
Cost and Efficiency Programs
LANXESS is continuing with cost and efficiency programs, aiming for structural improvements of around EUR 100 million over the coming years.
Potential Market Recovery
There is optimism about potential market recovery due to anticipated infrastructure stimulus programs in Germany and successful antidumping procedures.