Lanxess Third-Quarter Sales Rise 9.6% on Price Increases
Lanxess reported third-quarter revenue of €1.46 billion, slightly above market expectations, with higher prices largely driving the increase.
Speciality chemicals maker Lanxess XETR:LXS reported a 9.6% increase in its quarterly sales on Thursday, slightly above market expectations, largely driven by prices hikes to offset higher costs.The Cologne-based company posted revenue of €1.46 billion ($1.64 billion) for the third quarter, compar…