Specialty chemicals company LANXESS reported 3.7% increase in net income from EUR 81 million to EUR 84 million in the first quarter(January-March) of 2019.
Group sales amounted to EUR 1.822 billion, on a par with the previous year’s level. EBITDA pre exceptionals rose by 1.9 % to EUR 275 million compared with EUR 270 million in the strong previous-year quarter.
In the Advanced Intermediates segment, sales increased 3.7% to EUR 586 million from the previous-year figure of EUR 565 million.
In the Specialty Additives segment, sales fell by 3.0 percent from EUR 500 million to EUR 485 million, while in the Performance Chemicals segment, sales rose by 3.3 % from EUR 336 million to EUR 347 million.
In the Engineering Materials segment, sales fell by 2.6 % from EUR 392 million to EUR 382 million.