Friday, 26 June 2015
Once a year “the stage is set for future talents”. At the Apprentice Award granted by the industrial section of the Austrian Federal Economic Chamber, the best apprentices in Upper Austria during their second year of training in different categories were honored.
Thursday, 21 May 2015
ENERGY GLOBE Award Austria 2015 / Category Earth for Lenzing Modal® COLOR
TRIGOS Styria: CSR Newcomer Prize for TENCEL®
Monday, 18 May 2015
Increased revenue thanks to better product mix
Cost savings improve operating results
Market environment remains difficult
Friday, 15 May 2015
Lenzing AG, global market leader in the production of man-made cellulose fibers, has successfully issued and placed German Private Placement (Schuldschein) to the amount of EUR 150 mn (senior debt, unsecured) on the capital market. This transaction took place in connection with the termination of the existing German Private Placements and the issuing of new securities including a volume increase to the current level ...
Wednesday, 22 April 2015
This year’s Ordinary Shareholders’ Meeting of Lenzing AG resolved to distribute a dividend of EUR 1.00 per share for the 2014 financial year, compared to EUR 1.75 per share for the previous year. The dividend payment is scheduled to take place on April 29, 2015, with April 27, 2015 set as the ex-dividend day.
Wednesday, 15 April 2015
The Lenzing Group announces the sale of its fully owned German subsidiary Dolan GmbH, Kelheim and its 91.1% stake in European Carbon Fiber GmbH, Kelheim to WHEB Partners’ Growth Fund 2 of England and Jan Verdenhalven. The corresponding agreement was concluded on April 15, 2015. Both sides agreed to keep the purchase price confidential.
Tuesday, 24 March 2015
Dividend proposal: EUR 1.00 per share
Record sales volumes against the backdrop of declining fiber selling prices
Countermeasures have a positive impact and improve operating results
Friday, 20 March 2015
Vienna, March 20, 2015 – The Supervisory Board of Lenzing AG appointed Stefan Doboczky as the new Chairman of the Management Board (CEO) of Lenzing AG. Mr. Doboczky will assume his new function on June 1st 2015. He takes over from Peter Untersperger, who will step down from his function as CEO per 31 May 2015 at his own request prematurely.
Monday, 02 March 2015
According to preliminary figures, consolidated sales of the Lenzing Group declined slightly to EUR 1.86 bn in 2014, down from the prior-year level of EUR 1.91 bn in 2013. This drop can be attributed to the continuing downward pressure on fiber prices as a consequence of the global surplus capacities of viscose fiber producers.
Friday, 12 December 2014
The track record of the new TENCEL® fiber production plant at the Lenzing site in Upper Austria during the initial six-month ramp-up phase has been a positive one.
Thursday, 13 November 2014
Q1-3 EBITDA of EUR 159.8 mn (down 16% from the previous year)
Thursday, 25 September 2014
Vienna, September 25, 2014 – Friedrich Weninger, Chief Operating Officer (COO) of Lenzing AG, will not extend his Management Board contract which will expire on December 31, 2014. Weninger, who has been working for the company for more than 25 years and recently managed the company’s global production facilities with its more than 6,000 employees, decided for personal reasons that he would not seek a contract ...