Lenzing 9M 2012 results: consolidated EBITDA down 22.4%; fiber prices fall while volumes hit record high - 2012 should see second-best results in company history
LENZING, Austria, November 15, 2012-
Lenzing Group: Second Best Nine-Month Results Despite Headwinds
In spite of economic headwinds, the Lenzing Group succeeded in achieving the second best business results in its history. However, as expected, the company could not match the record performance of the previous year. Fiber shipment volumes rose by 12% year-on-year, whereas average selling prices for Lenzing fibers fell by about 11%, as anticipated.
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