IHS Chemical Week

Regions :: Western Europe :: Austria

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.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













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

ihsCopyright © 2014 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