Lenzing Group 9M 2018 results: EBITDA down 26.8% from yea r ago to Euro 290.6 million
LENZING, Austria, November 7, 2018- The Lenzing Group recorded a solid business development in the first three quarters of 2018. The decline in revenue and earnings compared with the same period of the previous year was essentially based on a mix of lower prices for standard viscose, more unfavorable exchange rates and price increases for key raw materials. The Lenzing Group’s strategic orientation with a focus on specialty fibers had a positive impact in this environment.
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