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Lenzing: Earnings Expected to Decrease
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The Austrian fiber producer will present its results for the third quarter on Thursday. Operating results are expected to fall by 31%.
Lenzing: Earnings Expected to Decrease / Picture: © Lenzing
On average, analysts expect Lenzing´s sales to reach € 1.57bn in the first nine months of 2012. In the reference period of 2011, sales came at € 1.592bn. EBITDA are expected to come at € 282.47m (-22%). The net result is anticipated to reach € 146.1m. In the first nine months of 2011, net results totaled € 217.9m. Operating results will fall by 31%, analysts say.
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