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Better Results for Lenzing
The Austrian pulp manufacturer Lenzing expects better performance in 2011 than originally forecast.
Better Results for Lenzing / Picture: © Lenzing
In the first quarter of 2011, the Lenzing Group, a world market leader for man-made cellulose fibers, was able to increase its consolidated sales by 46 % to € 532.1m compared to the same period in the previous year (Q1 2010(1): € 365.0m). The increase in EBITDA of 66 % to € 114.9m (Q1 2010(1): € 69.3m) was even more pronounced.
Therefore, the Lenzing Group anticipates a…
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