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Lenzing AG - Dividend Remains Constant, Special Dividend Higher
The Management Board of Lenzing AG has resolved to propose distribution of an unchanged basic and higher special dividend for 2017 financial year on the basis of its preliminary business results which have not yet been subject to a final audit. The dividend of EUR 3.00 per share is planned to remain constant, whereas the special dividend should be increased from EUR 1.20 to EUR 2.00 per share due to Lenzing's performance in the 2017 financial year.
February 26, 2018
Strabag Group Expands Range of Services with Structural Timber Engineering
The German subsidiary Züblin gains access to the field of timber construction through an acquisition.
December 23, 2011
Changes in the Management Board of Teak Holz
Siegfried Mader takes over as CEO from Markus Baumgartner who becomes CFO. Klaus Hennerbichler and Pavel Brenner leave the Board.
October 28, 2011
Teak Holz Wins Major Order
The Upper Austrian timber company signed a € 50m contract for external forest management activities in Costa Rica.
October 6, 2011
Teak Holz Cancels Capital Increase
The Upper Austrian timber company will delay its expansion to a later point in time. Forest management and other projects are not affected by the decision.
September 24, 2011
Teak Holz International: Earnings Four Times as High as Revenue
The Upper Austrian timber company’s revenue more than doubled in the first nine months of the financial year. The value of plantations increased by € 8.7m.
August 4, 2011
Teak Holz to Raise Capital for Expansion
The Upper Austrian timber company announced a capital increase by € 15.6m. The funds will be used to boost growth.
June 28, 2011
Surplus of Timber in Austria
More timber grows in Austria's forests wood than is harvested. The Chamber of Agriculture calls for looser terms of use.
April 23, 2011
Timber Production Increased Slightly Again in 2010
The timber harvest increased last year by 6.6% compared with 2009. Climate-damaged timber has decreased by 14%.
April 20, 2011
Teak Holz Manages Turaround
The Austrian timber company could realize profits again in the fiscal year October 2009/September 2010.
January 29, 2011
Mayr-Melnhof: Bankruptcy in Switzerland
The Austrian manufacturer of packaging materials is preparing bankruptcy proceedings for the Swiss sawmill in Ems.
December 8, 2010
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