Lenzing reports lower sales and earnings, speeds up savings plan

07:52 AM | August 21, 2014 | Natasha Alperowicz

Lenzing today reported Ebitda declined 29%, to €91.1 million ($121.9 million), in the first six months of 2014 on 9.1% lower sales of €900.0 million. Ebitda margin declined from 13.7% in the first...