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