Lenzing Group news and archive

Lenzing H1 revenues decline by 6.4 percent

In the first half of 2018, Lenzing Group revenues declined by 6.4 percent to 1,075.4 million euros (1,249.8 million dollars), which the company attributed to less favourable currency exchange rates. EBITDA for the period, Lenzing said, decreased by 28.1 percent to 194.8 million euros (226.4 million dollars), due to price increases for key raw...

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Lenzing revenues grow 5.9 percent in 2017

In 2017, the Lenzing Group reported group revenue growth of 5.9 percent to 2.26 billion euros (2.80 billion dollars). Group EBITDA improved by 17.3 percent to 502.5 million euros (621.5 million dollars) and the corresponding EBITDA margin rose to 22.2 percent. EBIT for the year increased by 25.2 percent to 371 million euros (458.8 million...

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Lenzing Group invests 100 millions in its wood pulp production plants

The Lenzing Group will expand and modernise its existing dissolving wood pulp production at the sites in Lenzing, Austria, and Paskov, Czech Republic. The Austrian group’s CEO Stefan Doboczky announced Tuesday a total investment program of euro 100 million: approximately 60 million euros injected into its Lenzing centre and circa 40 millions in...