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Lenzing Expects Not to Reach Results of 2011 Again

Published: April 13, 2012; 16:34 · (Vindobona)

Lenzing´s CEO Peter Untersberger presented the excellent results of the last financial year. This year, earnings will reach the level of last year only “at best”.

Lenzing Expects Not to Reach Results of 2011 Again / Picture: © Lenzing

In 2011, revenues exceeded the € 2.0bn threshold for the first time. The Austrian fiber producer registered revenues of € 2.14bn, which is a rise of 21%. EBIT rose by 56% to € 364m. The EBIT margin reached 17% after 13.1% the year before. Net income reached € 258.7m, Lenzing´s equity quota stood at 44.8%, the net gearing ratio totaled 15.2%. A dividend of…

This article includes a total of 171 words.

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