Better product mix boosts Lenzing
23/03/2017
Cellulosic fibre producer Lenzing reported revenue of €2.13 billion in 2016, an 8% increase on the previous year. Profit before tax was €428.3 million, 47.6% higher year-on-year. The company attributed this to higher selling prices for all of its fibre products, a better product mix and a slight rise in revenue. The volume of Lenzing’s total...