Strongly rising Sales and Earnings for Lenzing Group

Published: February 22, 2011; 00:02 · (Vindobona)

The Lenzing Group, an Austrian operator in cellulose fibers for the textile and nonwovens industry, achieved record results in the 2010 business year.

Strongly rising Sales and Earnings for Lenzing Group / Picture: © Lenzing

The determinative factors for this result were the dynamic expansion of fiber production, very strong demand for Lenzing fibers and significantly higher fiber sales prices compared to the previous year.

Preliminary consolidated sales(1) increased by 45% from € 1.22 billion in 2009(2) to € 1.77 billion. Preliminary consolidated EBITDA rose by 76% from € 187.9 m to € 330.6…

This article includes a total of 611 words.

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