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Wood

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

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

Russians buy Klausner

The financially ailing Tyrolean Wood Company Klausner has sold two of their last four German plants to the Russian competitors Ilim Timber.

August 25, 2010