News

China’s environmental policy helps Lenzing’s profits rise

25/08/2015

Austrian textile group Lenzing has reported a “significant increase for all earnings indicators” in the first half due to its cost-cutting schemes and an unexpected boost from China. Revenue rose by 6.2% to €955.4 million, helped by a “strong tailwind from currency effects”. CEO Stefan Doboczky said: “Lenzing delivered a solid performance in the ...

To continue reading this story, please sign in or register.

Related stories:

Lenzing unveils strategy to boost cellulose fibres 16/11/2015
Cellulose could be substituted by polyester, warns Lenzing 12/11/2015
New head of corporate communications for Lenzing 02/11/2015
Lenzing celebrates Tencel anniversary 13/10/2015
DyStar and Kelheim team up for novel viscose yarn 06/10/2015
Lenzing celebrates Modal’s 50th anniversary 11/09/2015
Lenzing to present wool-blend concept in Paris 07/09/2015
Lenzing steps up support in Asia 31/07/2015
TE issues call to action in ‘preferred materials’ report 16/07/2015
Lenzing offloads three businesses 08/07/2015
More cellulose companies sign up to sold-out Texworld 12/06/2015
Lenzing’s FR fibre offers protection and comfort 11/06/2015
Sustainable down and cellulosic fibres on agenda at outdoor events 02/06/2015
Lenzing scoops two sustainability awards 26/05/2015
Lenzing’s savings paying off with doubling of profit for first quarter 22/05/2015
Lenzing takes Tencel into shoes 05/05/2015
Lenzing eyes move into footwear materials 28/04/2015
Fresh performance fabrics from US manufacturer 15/04/2015

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.