News

Lenzing reports increase in revenues

23/03/2016

Results for cellulosic fibre manufacturer Lenzing Group improved significantly in 2015, the company said on releasing its annual sales figures. Revenue rose by 6% to just under €2 billion. Lenzing said higher prices for fibres and favourable exchange rates were part of the reason. Earnings before tax were up by 20%, reaching €290 million. “We...

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