{
  "id": 18265548,
  "title": "Lanxess narrows 2026 guidance to upper end of range",
  "url": "https://urgent.news/2026/11/05/lanxess-narrows-2026-guidance-to-upper-end-of-range",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-05T06:28:14.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/lanxess-narrows-2026-guidance-to-upper-end-of-range-93CH-5002310"
  },
  "original_language": "en",
  "account": "Lanxess has revised its guidance for 2026 adjusted EBITDA to the upper end of its forecast range, narrowing the previous €450 million to €550 million range to €450 million to €500 million. The company expects continued positive free cash flow in the fourth quarter and reported a 4% increase in its third quarter adjusted EBITDA to €139 million, surpassing analyst expectations by 1%. Sales grew by 2% compared to analyst estimates, reaching €1,467 million. The Specialty Additives division, which posted a 28% increase in adjusted EBITDA to €71 million, saw a 12% organic sales growth. On the other hand, the Advanced Intermediates division experienced a 20% decrease in adjusted EBITDA to €25 million, while the Consumer Protection division saw a slight 1% drop to €67 million. Operating cash flow reached €124 million in the third quarter, up from €50 million in the same period last year, and free cash flow amounted to €48 million, a significant improvement from the negative €14 million in the third quarter of 2025. Net financial debt stood at €2,011 million, with a debt-to-adjusted EBITDA ratio of 4.1 times, a decrease from 4.4 times in the previous quarter. The company anticipates continued cost streamlining, support from EU anti-dumping measures, seasonally weaker fourth-quarter performance, and the impact of low Rhine River water levels at the beginning of the quarter for its fourth-quarter outlook.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}