Wednesday, 24 August 2016
Revenue up 8.3% to EUR 1,034.8 mn
EBITDA rose 54.3% to EUR 195.1 mn
Free cash flow tripled to EUR 228.3 mn
Expansion program for specialty fiber production capacities started
Tuesday, 02 August 2016
Expansion of capacities for specialty fibers by 35,000 tons by mid 2018, About 70 mn Euro of investments in Heiligenkreuz and 30 mn Euro at the Lenzing site, Strategic importance of Heiligenkreuz as site for TENCEL® premium fibers underpinned
Thursday, 12 May 2016
Revenue up 8.1 percent to EUR 512.8 mn
EBITDA improvement of 54.7 percent to EUR 92.2 mn
Tripling of free cash flow and operating cash flow
Various sites under evaluation for expanding production capacities of specialty fibers
Wednesday, 20 April 2016
This year’s Annual General Meeting of Lenzing AG resolved today, Wednesday April 20, 2016, to distribute a dividend of EUR 2.00 per share for the 2015 financial year compared to EUR 1.00 per share for the previous year. The dividend payment is scheduled to take place on April 26, 2016, whereas ex-dividend day is on April 22, 2016.
Wednesday, 23 March 2016
Revenue rose by 6% to EUR 1.98 bn
EBITDA increase of 20.7% to EUR 290.1 mn
Dividend proposal: doubling to EUR 2.00 per share
Share of specialty fibers up to 40.5%
Further earnings improvement expected in 2016
Tuesday, 01 March 2016
Thomas Obendrauf MBA started work as the new Chief Financial Officer (CFO) of Lenzing AG on March 1, 2016. Accordingly, he completes the three-member Management Board of the world’s leader fiber producer, which also includes CEO Stefan Doboczky and CCO Robert van de Kerkhof.
Tuesday, 01 December 2015
The Nomination Committee of the Supervisory Board of Lenzing AG has recommended to the Supervisory Board to appoint, at its next meeting on 10 December 2015, Thomas Obendrauf, 45, as the company’s CFO, for three years from 1 March 2016.
Thursday, 26 November 2015
For the last ten years, publicly traded companies which are leaders in terms of social and ecological performance have been accepted once annually for listing in the VBV Austrian Sustainability Index VÖNIX of the Vienna Stock Exchange. Lenzing AG has been represented every year since VÖNIX was first launched.
Monday, 16 November 2015
Lenzing takes advantage of megatrends
Sustainability as a key innovation and growth driver
Share of revenue generated by specialty fibers targeted to rise to 50% by 2020
EBITDA growth of approx. 10% p.a. until 2020
Increase in ROCE to more than 10% by 2020
Thursday, 12 November 2015
In the third quarter of 2015, the Lenzing Group continued the positive development of the first two quarters of the year. Earnings improved substantially compared to the first nine months of the previous year.
Friday, 30 October 2015
Waltraud Kaserer has been appointed to serve as the new Head of Corporate Communications of the international fiber group Lenzing AG as of January 1, 2016. She will succeed Angelika Guldt, who will be responsible for communicating sustainability-related issues of the Lenzing Group starting at the beginning of 2016.
Friday, 09 October 2015
One year ago the Lenzing Group put the world’s largest TENCEL® fiber production plant located at the Lenzing site in Upper Austria into operation. Construction could be completed in only two years thanks to the unique bundling of all the company’s internal and external strengths. This is an extremely short time for such a cutting-edge technology.