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 ...
Thursday, 21 August 2014
New record half-year fiber sales volume with all plants operating at full capacity
Successful start-up of large-scale TENCEL® production plant in Lenzing
Further intensification of the cost optimization program excelLENZ
Significantly lower average fiber selling prices burden consolidated sales and earnings
Tuesday, 29 July 2014
First sales volumes already successfully marketed
Technological milestone for TENCEL®, the fiber of the future
The TENCEL® production plant secures 140 jobs at the Lenzing site
Investment costs of EUR 150 mn and construction time of 24 months fully on schedule
Wednesday, 25 June 2014
Within the last few days, serious incidents of identity theft took place in which the Lenzing name was misused in different ways and with fraudulent intent.
Tuesday, 24 June 2014
Since 2005, about 60 publicly traded Austrian companies are analyzed each year on the basis of about 100 environmental and social criteria. The best companies are accepted for listing in the VÖNIX index (VBV Austrian Sustainability Index) for a period one year.