Chemicals group Lanxess sees 2021 profits at lower end of forecast - NewsBreak

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By Lawce in Business
Updated 3 years ago

Nov 4 (Reuters) - German speciality chemicals maker Lanxess (LXSG.DE) said on Thursday it expects its 2021 core profit to come at the lower end of its guidance range, saying increased energy, raw material and freight costs could rise even higher in the fourth quarter. The Cologne-based group reported underlying...

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