Investor relations activities
Maintaining an active, broad and ongoing dialogue with investors and analysts is a top priority in our investor relations activities. Our declared objective is to provide a continuous and sustained flow of information about the LANXESS Group. Our activities in 2013 focused on roadshows, capital market conferences, our Analyst Roundtable and our Media Day. Altogether, the Chairman of the Board of Management, the Chief Financial Officer and the Investor Relations team represented LANXESS at roadshows and capital market conferences on 75 days. We therefore sustained the high level of our investor relations activities in this area. We continue to focus on our stockholders and foster an intensive dialogue with fixed income investors and with investors who are focused on sustainability.
High roadshow frequency with intensive dialogue
Roadshows are a central means of engaging in a broad and personal dialogue with institutional investors. International capital market centers like Boston, New York, London, Paris, Frankfurt and Zurich are important roadshow destinations for LANXESS management and the Investor Relations team. In 2013, we also stepped up our activities in other regions where there is an interest in our shares. In Europe, this again included the Benelux and Scandinavian countries as well as France. We also expanded our activities in Asia – for example in Singapore and Japan – and in North America.
In addition to our roadshows, we also invite investors to visit us at our company headquarters. Plant tours give them a detailed insight into our operating business and our research and development activities.
Extensive efficiency-enhancing program communicated at the LANXESS Analyst Roundtable and Media Day
At the LANXESS Analyst Roundtable and Media Day on September 18 and 19, 2013, we provided information about our strategic alignment, the current challenges facing LANXESS and our Advance program aimed at counteracting the company’s present situation.
In describing the current challenges to our business, we focused on the rubber activities in our Performance Polymers segment, providing details about the present market situation, the strategy for our different rubber products and innovations in this area. A further focus were the details about our efficiency enhancements, targeted restructuring measures and strategic options for non-core businesses within the context of our Advance program. This is designed to achieve annual savings of around €100 million from 2015.
The presentations made at both the Analyst Roundtable and the Media Day are available on our website under Investor Relations.
International conferences an important forum
In fiscal 2013, the LANXESS Board of Management and the Investor Relations team again participated in conferences held in the world’s financial centers like Frankfurt, London and New York as an important means of communicating with investors and analysts. We also expanded our presence at conferences in North America and used roadshows and conferences in Asia to provide information about current LANXESS issues. We participated in special forums for private investors in order to present our company’s alignment and business performance to this important target group. In 2014, we intend to maintain a strong presence at international conferences. We will also continue our participation at events for private investors.
Further IR activities round out information for the capital market
In addition to the aforementioned activities, other activities have become the standard for communicating with our target groups. Conference calls remain an important means of providing capital market participants with timely and extensive information updates. In these calls, the Board of Management comments on our published results and reports on current measures taken by LANXESS. Conference calls are streamed live in the Investor Relations section of the LANXESS website, and recorded versions are available for download for one year.
The Investor Relations section of our website also contains the presentations from roadshows and conferences, financial reports, publications like the LANXESS Fact Book, investor news and details about our shares and bonds.
LANXESS earns top marks for its capital market communications
Maintaining a broad, timely and transparent dialogue with the capital markets has always been a priority for us. That is why we are very pleased that, in what was a difficult year, LANXESS’s capital market communications were again recognized by portfolio managers and analysts in prestigious rankings and earned top marks internationally for the first time. The main criteria for these rankings were again the credibility and transparency of our capital market communications, the focus on target groups and access to top management.
For the first time, LANXESS was honored internationally for its investor relations activities. In the new Global IR Magazine Awards organized by the U.K.’s respected IR Magazine, LANXESS ranked top among companies with a market capitalization of up to €5 billion. LANXESS took fourth place in the Global Top 50 Gold Awards category honoring outstanding capital market communications by companies of any size across all industry sectors worldwide.
In the survey by IR Magazine in Europe, we placed second among the 98 companies included. Our IR team ranked top for investor relations work by a large-cap company, based on a survey of some 500 European portfolio managers and analysts.
LANXESS again earned top marks in the annual survey conducted by U.S. magazine Institutional Investor and for the first time took top honors from both investors and sell-side analysts in Europe. The LANXESS Investor Relations team was ranked first among European chemical companies. In compiling its rankings, Institutional Investor asked more than 850 fund managers and 1,500 analysts to rate the investor relations work of European companies.
Investor Relations contacts:
Head of Investor Relations
Tel. +49 221 8885 9611
Private Investors, Annual Stockholders’ Meeting, Events
Tel. +49 221 8885 3801
Institutional Investors, Analysts
Tel. +49 221 8885 5458
Tel. +49 221 8885 8007
Tel. +49 221 8885 1287