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08.05.2019

Lenzing makes a very solid start to the 2019 financial year

  • Very positive development of the specialty fiber business with a 47 percent share in revenue
  • Market environment for standard viscose still very tight
  • Resolution on dividend: EUR 3.00 plus special dividend of EUR 2.00 per share
  • Outlook confirmed: Earnings for 2019 expected at a similar level as in 2018

Lenzing – The Lenzing Group continued its solid development in the first quarter of 2019. Despite a much tighter market environment, the Lenzing Group even recorded a slight increase in revenue, proving once again that it has chosen the right path with its sCore TEN corporate strategy. The declining prices for standard viscose were largely offset in earnings.

  • Very positive development of the specialty fiber business with a 47 percent share in revenue
  • Market environment for standard viscose still very tight
  • Resolution on dividend: EUR 3.00 plus special dividend of EUR 2.00 per share
  • Outlook confirmed: Earnings for 2019 expected at a similar level as in 2018

Lenzing – The Lenzing Group continued its solid development in the first quarter of 2019. Despite a much tighter market environment, the Lenzing Group even recorded a slight increase in revenue, proving once again that it has chosen the right path with its sCore TEN corporate strategy. The declining prices for standard viscose were largely offset in earnings.

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Lenzing
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Lenzing Aktiengesellschaft