Lenzing AG / Lenzing Group: Substantial Earnings Increase in theFirst Nine Months of 2016

Press Wire ♦ Published: November 16, 2016; 07:05 ♦ (Vindobona)

The Lenzing Group generated a substantial increase in revenue and earnings in the first nine months of 2016, compared to the first nine months of 2015. Significant improvements of cash flow and thus reduction of net debt provide the basis for further investments and the implementation of the sCore TEN strategy.

Lenzing AG / Lenzing Group: Substantial Earnings Increase in theFirst Nine Months of 2016 / Picture: © Vindobona.org

 

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9-month report

- Revenue up 8.2 percent to EUR 1,578.4 mn

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ISIN
AT0000644505