Press Information
for the year 2011
Lenzing Group: Good results in line with expectations in the first quarter of 2012
New record fiber shipment volumes
Weaker prices – Earnings below the prior-year quarter
Unchanged outlook for 2012
moreLenzing Ordinary Shareholders’ Meeting Resolves to Distribute a Dividend of EUR 2.50 per Share
The Ordinary Shareholders’ Meeting of Lenzing AG resolved to distribute a dividend of EUR 2.50 per share for the 2011 fiscal year (compared to EUR 1.55 per share for the previous fiscal year). The dividend payment has been scheduled for April 25, 2012, with April 23, 2013 set as the ex-dividend day.
moreRecord Results for the Lenzing Group (Kopie 1)
2 billion euro sales threshold surpassed for the first time
Guidance met – proposed dividend of EUR 2.50/share
Outlook for 2012 – mirror-inverted development compared to last year
moreLenzing Group Reports Continued Good Development
In the first nine months of 2011, the Lenzing Group succeeded in significantly improving all relevant indicators in comparison to the previous year, and is thus performing in line with the expectations defined in the half-yearly report.
moreLenzing Group: Capacity expansion completed at the Heiligenkreuz/Burgenland plant
The Lenzing Group has successfully completed its capacity expansion drive initiated three years ago at the fiber production facility located in Heiligenkreuz (Burgenland, Austria). Production capacity of the cellulose fiber TENCEL® was increased in several expansion steps by 25,000 tons to 60,000 tons per year at the current time. A total of about EUR 60 mill. was invested at the Heiligenkreuz site during this period, and the total number of employees working at the plant rose to the current level of more than 200 people.
moreLenzing Group: Most Successful First Half-Year in the Company’s History
Outstanding second quarter 2011
Positive outlook for 2011 confirmed
moreLenzing Nanjing starts up new fiber production line
Lenzing capacity in China nearly doubled to 140,000 tons p.a.
moreLenzing remains in the VÖNIX Sustainability Index of the Vienna Stock Exchange
Lenzing belongs to the exclusive group of the very best sustainable companies for the sixth successive year
moreLenzing AG successfully completes “Re-IPO” – Allocation at Offer Price of € 92 – Total Issue Volume of € 568 Million
Lenzing, June 15, 2011 – Lenzing AG (“Lenzing“), a world market leader in cellulose fibers listed on the Vienna Stock Exchange, successfully completed the “Re-IPO” started on May 31. The new shares from the capital increase as well as the existing shares sold by the majority shareholder B & C Group were allocated at an offer price of € 92. Despite difficult market conditions, the offering was met with great interest by Austrian and international investors. The goals of the transaction, to substantially increase the free float and thus, in the long term, the attractiveness of Lenzing’s share as well as to strengthen the Company’s equity base, ...
more“Re-IPO” of Lenzing AG at an Offer Price of € 92
Vienna/Lenzing, June 15, 2011 – Lenzing AG (“Lenzing” or the “Company”) and B & C Iota GmbH & Co KG (“B & C Iota”) as well as B & C Industrieholding GmbH, both subsidiaries of B & C Privatstiftung (together with its consolidated affiliates, the “B & C Group” or “B & C”), fixed the offer price for the offering of new and existing shares of Lenzing (the “Re-IPO”) at € 92 per offered share. A total of 6,725,000 shares have been allocated, including 825,000 new shares from a capital increase of Lenzing with subscription rights (“Rights Offering”), 5,351,379 shares from the selling shareholder B & C Iota, and 548,621 shares from an overallotment ...
moreLenzing Group: Record Results in Q1 2011
Most successful quarter in the company’s history – Strong global fiber demand
moreLenzing expects better performance in 2011 than originally forecast
In the first quarter of 2011, the Lenzing Group, a world market leader for man-made cellulose fibers, was able to increase its consolidated sales by 46 % to EUR 532.1 million compared to the same period in the previous year (Q1 2010*: EUR 365.0 million). The increase in EBITDA of 66 % to EUR 114.9 million (Q1 2010*: EUR 69.3 million) was even more pronounced.
moreLenzing Share Traded on the Prime Market of the Vienna Stock Exchange as of April 18, 2011
The Lenzing AG, which up until now has been traded on the “Standard Market Continuous“ market segment, will switch to the Prime Market of the Vienna Stock Exchange starting on April 18, 2011.
moreLenzing Ordinary Shareholders’ Meeting resolves on dividend of 1.55 EUR per share
Michael Junghans follows Hermann Bell as Chairman of the Supervisory Board,
Patrick Prügger elected onto the Supervisory Board
moreLenzing: 2010 figures confirmed
Management proposes dividend of EUR 1.55 per share for 2010
moreLenzing: 2010 results set a new, absolute record
Preliminary results for 2010 show strongest growth of sales and profits in Group history – positive outlook for 2011 and the coming years due to the “cellulose gap“
moreLenzing sells plastics filaments business to consortium headed by Global Equity Partners
In order to further streamline its portfolio Lenzing AG has sold its plastics filaments businesses to a consortium of private investors headed by the Austrian group Global Equity Partners (GEP). The consortium jointly acquires directly and indirectly 100 % of the shares in Pedex GmbH (site Affolterbach, Germany), in Hahl Filaments GmbH (site Munderkingen, Germany), in Hahl Filamants s.r.o. (site Plana, Czech Republic), as well as in Hahl Inc. (site Lexington, USA). They produce mainly plastics bristles and monofilaments for a wide range of industrial and consumer goods. It has been agreed not to disclose the acquisition price.
moreLenzing AG: Seven-for-one share split to come into effect as of 28 December 2010
The extraordinary shareholders' meeting of Lenzing AG, held on 10 December 2010, approved a resolution to re-divide the company's nominal capital by means of a seven-for-one share split.
moreLenzing sets the course for future dynamic expansion of fiber production capacity
The Lenzing Group, a world market leader in man-made cellulose fibers, sets the course for the future dynamic expansion of its fiber production capacity.
moreExtraordinary shareholders' meeting approves resolutions on share split and on authorized and conditional capital
The extraordinary shareholders' meeting of Lenzing AG today unanimously resolved upon a seven-for-one share split.
moreLenzing announces 10% fiber price increase
The Lenzing Group, world leader in man-made cellulose fibers, will adapt its fiber prices with the beginning of 2011. Prices will be raised by at least 10%, depending on the product. Price increases will take place in Textile Fibers as well as in Nonwovens. The decision was necessitated by the recent strong rise in raw material prices, in particular for dissolving pulp and chemicals required for the production of viscose, modal and TENCEL® fibers.
moreLenzing convenes extraordinary shareholders' meeting
Resolution proposals on share split, authorized and conditional capital.
Lenzing AG invites its shareholders to an extraordinary shareholders' meeting to be held on 10 December 2010 in Lenzing. The agenda includes resolution proposals on a seven-for-one share split, framework authorizations for the creation of authorized capital concerning new shares to be issued against cash or contribution in kind, and on conditional capital measures concerning convertible bonds to be issued, both with the possibility to exclude shareholders' subscription rights.
moreLenzing Group: Third quarter 2010 best quarter in company history
New record result expected for 2010.
The Lenzing Group extended its strong upward development of the first half year into the third quarter of 2010. EBIT of EUR 60.8 mill. (third quarter 2009: EUR 37.3 mill.) generated the best quarterly result in the company's history. Nine-months sales in 2010 grew by 45.2 % from EUR 885.0 mill. (2009 reference period) to EUR 1.285.5 mill. EBIT reached a new nine-month record high of EUR 168.8 mill. and more than tripled EBIT of the 2009 reference period (EUR 54.3 mill.).
moreTrading Statement Lenzing Group
Lenzing Group – business development significantly better than recently assumed.
The Lenzing Group is expecting a significantly better development of sales and results for the third quarter and therefore for first nine months of 2010 than recently assumed.
moreLenzing successfully places EUR 120 million corporate bond with mainly private investors
Lenzing AG, the world market leader in man-made cellulose fibers, successfully placed a seven-year corporate bond with a coupon rate of 3.875 %. The bond sale was oversubscribed fourfold. Approximately 75 % of the total volume went to private Austrian investors due to strong demand from this group. Peter Untersperger, chairman of the management board, comments: “We have achieved an important target of our bond issue in an optimum manner, namely the diversification of our creditor base. We see the considerable oversubscription and the great demand from institutional and in particular private investors as an indication that Lenzing is well ...
moreLenzing to issue EUR 120 mill. corporate bond
Lenzing AG will issue a corporate bond with a tenor of seven years at a volume of up to EUR 120 mill. The bond's projected coupon rate is 3.75 to 4.0 percent. The net proceeds are to be used for optimizing the company's current financing portfolio, strengthening its financial power, refinancing existing financial liabilities, as well as for financing new projects, such as developing and extending established business activities.
moreLenzing to issue corporate bond
Lenzing AG intends to issue a corporate bond with a volume of up to EUR 120 mill. and a projected term to maturity of seven years. The offer is intended to attract private as well as institutional investors. The appointed joint lead managers of the bond issue are UniCredit Bank Austria and Raiffeisen Zentralbank. The book runner will be UniCredit Bank Austria.
moreLenzing Group: Best half year result in company history
Very good development in core business Fibers
As in the first quarter of 2010, the Lenzing Group made optimum use of the good global market environment and achieved an excellent result in the second quarter.
moreVienna Stock Exchange Award: Lenzing among the leading sustainable companies
The Vienna Stock Exchange Award 2010 recognizes performance in the four categories ATX, Small & Mid Cap, Corporate Governance and Sustainability.
moreLenzing subsidiary PT. South Pacific Viscose (SPV) opens fourth production line
SPV secures its position as Asia's leading viscose fiber producer
moreLenzing Group: Strong first quarter
Fiber industry upswing continues – best quarter in company history
moreLenzing AG finalizes acquisition of Biocel Paskov A.S.
The anti-trust authorities have approved the acquisition of Czech pulp producer Biocel Paskov A.S.
moreLenzing regular shareholders' meeting approves unchanged dividend of EUR 14 per share
Michael Junghans newly elected to the supervisory board
moreLenzing acquires majority share in Czech pulp producer Biocel Paskov
Chairman Peter Untersperger: Strategic vertical backwards integration
moreFurther capacity expansion in China and Austria
The Lenzing Group, world market leader in cellulose fibers, will invest considerable capital in the capacity expansion and modification of its sites in Lenzing (Austria) and Nanjing (China). The production capacity of fiber site Nanjing will be more than doubled to 140,000 tons per year with an investment of EUR 55 mill. at a scheduled construction period of 18 months two years. The Lenzing site will switch production from standard viscose fibers to modal fibers within the next fifteen months at an investment of EUR 23 mill.
moreUnchanged dividend payment of EUR 14.00 per share for 2009
Preliminary figures 2009 confirmed
New management board member appointed
moreLenzing Group: Satisfactory result despite global economic crisis
Cautious optimism for 2010
Expansion continues
moreLenzing subsidiary SPV (Indonesia) takes up test operation of fourth fiber production line
The Indonesian subsidiary of Lenzing AG, PT. South Pacific Viscose (SPV) has started up first successful trials of its new fourth production line. Regular operation is expected to commence in the course of the second quarter. The new line will produce viscose fibers for textile applications and for the nonwovens industry. Production is intended for the domestic Indonesian market, as well as for export.
moreLenzing decides on capacity expansion program
The Lenzing Group, world market leader in cellulose fibers, will continue to expand production capacity in 2010 by investing a scheduled EUR 120 mill. in its European and Asian sites.
moreLenzing AG: Supervisory board extends mandate for Peter Untersperger until 31 March 2013
Christian Reisinger will retire from the company at his own request on 31 March 2010
moreLenzing Group third quarter: Again improved results
Rising demand for cellulose fibers – production capacity almost fully utilized at all sites
moreLenzing Group second quarter: Back to profit
First half year influenced by global recession – revival of demand in core business cellulose fibers
moreLenzing Group enlarges share in Indonesian subsidiary PT. South Pacific Viscose
The Lenzing Group acquired a share of 40% in the Indonesian holding PGL (Pura Golden Lion) today.
moreLenzing fiber price raise
The Lenzing Group, leading global producer of man-made cellulose fibers, has raised fiber prices with immediate effect.
moreDifficult first quarter for the Lenzing Group
Global economic decline burdens fiber industry
moreLenzing general shareholders' meeting agrees to dividend payment of EUR 14 per share
Lenzing general shareholders' meeting agrees to dividend payment of EUR 14 per share
moreLenzing: 2008 dividend EUR 14.00 per share
Preliminary figures 2008 confirmed
moreLenzing 2008: The Group extends its position as world market leader in cellulose fibers
The Lenzing Group made good use of business year 2008, a year characterized by volatility and the deepening financial crisis, to further extend its position as world market leader in cellulose fibers.
moreBusiness Unit News
News
Lenzing Group: Good results in line with expectations in the first quarter of 2012
New record fiber shipment volumes
Weaker prices – Earnings below the prior-year quarter
Unchanged outlook for 2012
The “Long Night of R&D” at Lenzing AG
More than 90 visitors were given a comprehensive overview into the world of Lenzing fibers
