Interim report
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IR News LANXESS with strong third quarter of 2021 Sales up 33.5 percent year - on - year at EUR 1.951 billion EBITDA pre exceptionals increase 44.0 percent to EUR 278 million ● ● ● Earnings increase in all segments - Specialty Additives and Engineering Materials particularly strong Increased raw material prices successfully passed on , but rising energy prices and high freight costs weigh on earnings EBITDA pre exceptionals for 2021 expected to be at the lower end of the guided range of EUR 1 billion to EUR 1.05 billion Growth continues : acquisition of IFF Microbial Control announced Cologne , November 4 , 2021 - Specialty chemicals company LANXESS holds its own also in a challenging environment : Despite a sharp rise in raw material , energy and freight costs , EBITDA pre exceptionals in the third quarter of 2021 increased by 44.0 percent to EUR 278 million , against EUR 193 million in the prior - year quarter . The strong earnings were driven by all segments - especially Specialty Additives and Engineering Materials . LANXESS passed on the significantly increased raw material prices via higher selling prices . The three acquisitions completed in this fiscal year , especially that of Emerald Kalama Chemical , also contributed to the good results . Adverse exchange rates , mainly from the U.S. dollar , but especially higher energy and freight costs prevented a further increase in earnings . The EBITDA margin pre exceptionals increased to 14.2 percent in the third quarter , against 13.2 percent in the prior year quarter . " The third quarter of this year was again characterized by growth . Our operating business continued to develop positively , and we successfully passed on the significantly increased raw material costs . LANXESS Energizing Chemistry LANXESS AG Investor Relations 50569 Cologne Germany Phone : +49 221 8885 9834 Fax : +49 221 8885 4944 Page 1 of 5