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Lenzing: Strong Rise in Profits Expected
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Published: November 12, 2011; 13:20 ♦ (Vindobona)

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For analysts, the Austrian fiber manufacturer Lenzing will report highly satisfying results. Sales, earnings as well as profits should increase.

On Tuesday, Lenzing announces its results for the third quarter. Analysts expect a significant increase in sales and earnings. Erste Group, UniCredit and RCB (Raiffeisen Centrobank) have published their expectations.
On average, sales are estimated to amount to € 540.7m in the third quarter. Against the third quarter of 2010, this would bring a rise of € 12.1%. EBIT will…
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