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Austria (152)


AUSTRIA

Lenzing reports increased Ebitda, lower sales in 'very challenging' environment
Lenzing, (Lenzing, Austria), a man-made cellulosic fibers producer, says sales fell by 2.3%, to €1.86 billion ($2.02 billion), in fiscal 2014 compared with sales of €1.91 billion in full-year 2013. The company ascribes the drop in sales to a further...

Lenzing taps DSM board member for CEO
Lenzing Group, (Lenzing, Austria), the man-made cellulosic fibers producer, said today that it has appointed Stefan Doboczky as the new CEO of Lenzing AG. Doboczky, who resigned from the board of DSM, will assume his new function on 1 June 2015. He takes over...

ICL completes acquisition of food ingredients firm Prolactal
Israel Chemicals Ltd. (ICL; Tel Aviv) says that the previously announced acquisition of Prolactal (Hartberg, Austria) and its subsidiary Rovita (Engelsberg, Germany) was completed on 13 March. Prolactal is a leading European producer of dairy proteins and...

Lenzing expects to report a loss in 2014, but operating results above expectations
Lenzing Group (Lenzing, Austria) says today that it expects consolidated sales to be €1.86 billion ($2.1 billion) in full-year 2014, according to preliminary figures, compared with €1.91 billion in 2013, a decrease of 2.6% year-on-year. This drop...

Borealis reports record net profit in 2014, warns of lower profit this year
Borealis today reported a 5% decline in fourth-quarter net profit to €141 million ($157.9 million) on 6% lower sales of €1.98 billion. Full-year 2014 net profit, however, was up 35% to €571 million, with sales advancing 3% to €8.33...

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