Strong Results for Lenzing AG

IndustrialsIndustrial Goods ♦ Published: May 11, 2011; 09:56 ♦ (Vindobona)

The Austrian fiber manufacturer could record the best quarterly results in the company´s history. EBIT rose by 83.6% compared to Q1/2010.

Strong Results for Lenzing AG / Picture: © Lenzing

In the first three months of 2011, the Lenzing Group generated the best quarterly results in the company´s history. These record results were made possible by the increased shipment volumes related to the dynamic expansion of fiber production capacities, the continuing strong demand for Lenzing fibers as well as significantly higher fiber sales prices.

Consolidated sales of the…