Lenzing secures record year but prepares for challenging period
16/03/2018
Austrian fibre group Lenzing achieved record revenue and earnings in 2017, which it has attributed to a better product mix, higher selling prices and “a generally favourable market environment”. The company’s revenue for last year was €2.26 billion, an increase of 5.9% compared to 2016. Its pre-tax earnings increased 17.3% year on year to €502.5...
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