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          Analysts and Consensus

          LANXESS is covered by various financial analysts. As a service, we present you with the most recent consensus estimates collected and compiled by Vara Research.

          The consensus may contain forward-looking statements. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. LANXESS assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

          Consensus estimates are based on projections made by financial analysts who cover LANXESS. Any opinions, forecasts, estimates, projections or predictions regarding LANXESS' performance made by the analysts (and, therefore, the consensus estimate numbers) are theirs alone and do not represent the opinions, forecasts, estimates, projections or predictions of LANXESS or its management. LANXESS does not by providing these estimates imply its endorsement of or concurrence with such information, conclusions or recommendations. LANXESS assumes no liability for the accuracy of such estimates and undertakes no obligation to update or revise such estimates.


          Numerous German and international sell-side analysts monitor LANXESS’ performance. The following list contains sell-side analysts that publish regular research reports on LANXESS.

          LANXESS cannot give any assurance that this list represents a accurate or complete overview.

          Table as of: August 2020

          Institution Analyst Country
          Bank of America Matthew Yates Great Britain
          Barclays Capital Sebastian Satz Great Britain
          Berenberg Bank Anthony Manning Great Britain
          Citigroup Thomas Wrigglesworth Great Britain
          Commerzbank Michael Schäfer Germany
          Credit Suisse Chris Counihan Great Britain
          Deutsche Bank Tim Jones Great Britain
          DZ Bank Peter Spengler Germany
          Equita Massimo Bonisoli Italy
          Exane BNP Paribas Laurent Favre Great Britain
          Goldman Sachs Georgina Iwamoto Great Britain
          Helvea-Baader Bank Markus Mayer Germany
          HSBC Martin Evans Great Britain
          Independent Research Sven Diermeier Germany
          Jefferies Laurence Alexander United States
          JPMorgan Chetan Udeshi Great Britain
          Kepler Cheuvreux Martin Rödiger, Christian Faitz Germany
          Landesbank Baden-Württemberg Ulle Wörner Germany
          Main First Andreas Heine Germany
          Metzler David Varga Germany
          M.M. Warburg Oliver Schwarz Germany
          Morgan Stanley Charlie Webb Great Britain
          NordLB Thorsten Strauß Germany
          Pareto Knud Hinkel Germany
          Société Générale Thomas Swoboda Germany
          UBS Andrew Stott, Patrick Rafaisz Great Britain, Switzerland

          Investor Relations

          Investor Relations department of LANXESS

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