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Lenzing Group Achieves Best Full-Year Results in Its History

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

* 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

This article includes a total of 1518 words.

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ISIN
AT0000644505