(IN BRIEF) Despite facing subdued demand and escalating raw material costs, the Lenzing Group, a global leader in regenerated cellulosic fibers, maintained stable revenue at EUR 2.52 billion in 2023. The company’s EBITDA surged by 25.4% to EUR 303.3 million, … Read the full press release
Posted in Apparel, Fashion & Beauty, Business, Economy, Environment, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff, sustainability
(IN BRIEF) The Lenzing Group, a global supplier of specialty fibers for textiles and nonwovens, has reported its Q3 2023 results, reflecting ongoing challenges in the market. The company’s revenue for the first three quarters of the year decreased by … Read the full press release
Posted in Apparel, Fashion & Beauty, Austria, Business, Economy, Financial, Industrial, Investment, Management, News
Tagged Financial, investment, Lenzing Group, Nico Reiner, Stephan Sielaff
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