Bloomberg News

Lanxess CFO Says on Course to Reach 2015 Profit Goal, BZ Reports

June 22, 2012

Lanxess AG (LXS) is on course to reach its operating profit goal of 1.4 billion euros ($1.8 billion) in 2015, according to a report in Boersenzeitung, which cited an interview with Chief Financial Officer Bernhard Duettmann.

To meet the goal, the company needs to invest in growth projects limiting the room for higher dividends, the paper said, citing Duettmann.

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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