Lenzing reports record sales volumes in 2014
25/03/2015
However, the company pointed out that this record volume in sales came against a backdrop of lower prices and what it called “a very challenging market environment”.
As reported earlier in March, Lenzing’s revenues fell by 2.3% to €1.8 billion, compared to more than €1.9 billion in 2013.
In spite of this, earnings for the year were up by 24% to €240.3 million. Lenzing said a business improvement programme called Excellenz had allowed it to establish a leaner overall organisational structure, leading to the increase in profitability from its operations.
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