Lenzing AG: 2010 Figures Confirmed

Industrials › Industrial Goods ♦ Published: March 9, 2011; 00:00 ♦ (Vindobona)

The management of the Austrian Fiber Manufacturer proposes dividend of € 1.55 per share for 2010.

Lenzing AG: 2010 Figures Confirmed / Picture: © Lenzing

The Lenzing Group confirms - following the approval by the Lenzing AG´s supervisory board - the preliminary figures on its annual results for the 2010 business year, which were published on February 21, 2011.

Accordingly, consolidated sales in 2010 rose by 45% from € 1.22bn to € 1.77 billion. Consolidated EBITDA improved by 76% to € 330.6m, up from € 187.9m in the…

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