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Lenzing Group Achieves Best Full-Year Results in Its History
Press Wire ♦
Published: March 14, 2018; 07:20 ♦ (Vindobona)
In 2017, the Lenzing Group reports its best financial performance ever with record revenue and earnings due to a better product mix and higher selling prices in combination with a generally favorable market environment.
Lenzing Group achieves best full-year results in its history / Picture: © Vindobona.org
* Revenue increased by 5.9 percent to EUR 2.26 bn
* EBITDA up 17.3 percent to EUR 502.5 mn
* Dividend proposal of EUR 3.00/share plus a special dividend of EUR 2.00/share
* New brand strategy to generate a strong message to consumers
* Limited visibility for coming quarters
Group revenue grew by 5.9 percent in the 2017 financial year to EUR 2.26 bn
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