Lanxess stock slips as Q3 strength meets weak demand outlook

LANXESS stock traded at 12.63 euros on Lang & Schwarz at 17:06 CET on Monday, November 9, 2026, 3.59 percent below the Xetra close of Friday, November 6, at 13.10 euros. The quote also marked a 4.17 percent decline from the 13.18-euro indication in the company's own report published earlier that morning.

Quarterly performance improves

In its November 5 investor release, LANXESS reported third-quarter sales of 1.467 billion euros, up 9.6 percent from the prior-year quarter. EBITDA before exceptional items rose 11.2 percent to 139 million euros, while the corresponding margin improved to 9.5 percent from 9.3 percent.

Free cash flow turned positive at 48 million euros, compared with an outflow of 14 million euros a year earlier. The Specialty Additives division provided the strongest earnings contribution, with EBITDA before exceptional items up 57.8 percent to 71 million euros.

Guidance points to stronger finish

LANXESS now expects full-year EBITDA before exceptional items at the upper end of its 450 million to 500 million euro range. Management also expects positive free cash flow in the fourth quarter.

The company said higher selling prices and cost savings supported earnings, but demand has not yet recovered broadly across key markets. Weak conditions in agriculture, automotive and construction, together with high energy costs, remain important constraints for the next quarter.

What changed since the morning report

The company's own report at 07:48 CET on November 9 cited a Lang & Schwarz quote of 13.18 euros, 0.61 percent above the previous Xetra close. By 17:06 CET, the quote was 12.63 euros, a decline of 4.17 percent from that morning indication. This comparison is separate from the 3.59 percent Xetra-based daily comparison.

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