Tag Archives: Lenzing Group

Lenzing Group to acquire the remaining 30 percent of its Chinese subsidiary Lenzing (Nanjing) Fibers Co. Ltd. (LNF) from its state-owned joint venture partner NCFC

Important step for further growth with specialty fibers Transaction generates negative impact on net profit of approx. EUR 21 mn Lenzing Group will hold 100 percent of Lenzing (Nanjing) Fibers Co. Ltd. after closing LENZING, Austria/ NANJING, China, 26-Oct-2018 — … Read the full press release

Lenzing Group 1-9 months 2015: 7.4% increase of consolidated revenue; EBITDA up 31.7% YoY

LENZING, Austria, 18-11-2015 — /EuropaWire/ — In the third quarter of 2015, the Lenzing Group continued the positive development of the first two quarters of the year. Earnings improved substantially compared to the first nine months of the previous year. Consolidated revenue … Read the full press release

Lenzing Group reports Q1/2014 financial results

Lenzing Group: Difficult Market Situation Continued in Q1/2014 – Countermeasures Have a Positive Impact New record sales volume of 235,000 tons (+9%) in Q1/2014 Declining average fiber selling prices burden consolidated sales and earnings Cost optimization program excelLENZ exceeds targets … Read the full press release

Lenzing Group announced Q1 2013 results, unchanged guidance for the entire year 2013

Difficult Market Environment in the First Quarter of 2013 as Expected Weak fiber selling prices, Lenzing counteracts trend with cost savings EBITDA of EUR 64.5 mn above expectations 27-5-2013 — /europawire.eu/ — The ongoing difficult market environment for man-made cellulose fibers … Read the full press release