IHS Chemical Week

Regions :: Western Europe

Lenzing reports lower sales and profits citing high inventories, lowers guidance

3:44 AM MDT | August 21, 2013 | Natasha Alperowicz

Lenzing (Lenzing, Austria), a leading man-made cellulosic fiber producer, today reported significantly lower sales and profits for the first six months of the year. The company is adjusting its investments and has lowered its full-year guidance to reflect market conditions. Lenzing cites high cotton inventories and surplus capacities for viscose fibers in China, the most important market, for declining prices.   Profit declined 35% to €65.3 million ($87.4 million) on sales 7% down at €989.9 million. Ebitda in the first six months was €162...

This information is only available to Chemical Week subscribers.


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