IHS Chemical Week

People & Business :: Earnings/Finance

Lenzing Posts Lower Profits, Cuts Guidance

7:53 AM MDT | August 22, 2012 | Ian Young

Lenzing reported a 31% decline in net profits for the first half of 2012 compared with the same period of 2011, to €100 million ($124.5 million), on sales down 1%, to €1.1 billion. Ebitda decreased 22%, to €194 million. Quarterly figures were not disclosed. Lenzing cites a tough market environment, which made it difficult for the company to match the record results it achieved in the first half of last year. Lower fiber selling prices put pressure on revenues, but were largely offset by higher sales volumes following production capacity...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa