Lanxess Full-Year Report 2023

Highlights

• Successful go-live of Envalior JV
• Consumer Protection with comparably stable results despite suppliers’ outages
• Program FORWARD! initiated, ~€50 m temporary savings generated
• Urethane Systems divestment process started
• EBITDA pre (€ m)
• -45%, FY 2023
• Net financial debt
• Reduction from €3.8 bn to €2.5 bn -35%
• Free Cash Flow
• Due to active working capital management €526 m
• NWC / sales
• Reduction from ~25% to ~21% -4%pts