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Tencel demand leads to record quarter for Lenzing

16/05/2017
Tencel demand leads to record quarter for Lenzing

Austria-based fibre producer Lenzing has reported record quarterly results following a period of declining margins and an extensive restructure. Revenue climbed 14.3% to €586.2 due to higher selling prices related to the Chinese New Year, the reduction of inventories and more favourable exchange rates.  “The first quarter of 2017 was the best in ...

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