Sponsored Content
Lenzing AG / Ongoing Difficult Market Situation in the First Half of 2014
Press Wire ♦
Published: August 21, 2014; 07:43 ♦ (Vindobona)
The business development of the Lenzing Group in the first half of 2014 was impacted by the ongoing difficult market conditions featuring considerably lower average fiber selling prices. The cost reduction program excelLENZ successfully initiated in 2013 was only able to partially offset the decline in sales and earnings in the first six months of 2014.
Lenzing AG / Ongoing Difficult Market Situation in the First Half of 2014 / Picture: © Vindobona.org
adhoc disclosure transmitted by euro adhoc with the aim of a Europewide distribution. The issuer is solely responsible for the content of this announcement.
Mid Year Results/6-month report
21.08.2014
- New record half-year fiber sales volume with all plants operating at full
capacity
- Successful start-up of large-scale TENCEL® production plant in…
or Log In
Fast News Search
ISIN