The German chemical giant LANXESS Group's 2011 annual report, released on March 23rd, shows that the first quarter of this year has good production and operating performance, and the profit before interest, tax, depreciation and amortization within the scope of conventional business is expected to reach 350 million euros, which is higher than the same period of last year. 3.3 billion euros. The company's sales and profits hit a record high. In 2011, LANXESS Group’s sales increased by 23% from the previous year to 8.775 billion Euros; EBITDA before the regular business range increased by 25% over the previous year to 1.146 billion Euros, exceeding 1 billion Euros for the first time The marginal growth rate of profit before tax, depreciation and amortization of the company's regular business within the year was 13.1%, compared with 12.9% in 2010. The company’s net income reached 506 million euros, an increase of 34% compared with the previous year. In Greater China sales in 2011 reached 992 million euros, an increase of 24% over the previous year.
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Chemical giant LANXESS publishes 2011 annual report