Press releases

Press releases
Wednesday, 22 March 2017

Lenzing Generates Substantial Revenue and Earnings Growth in 2016

Revenue increased by 8 percent to EUR 2.13 bn

EBITDA up 47.6 percent to EUR 428.3 mn

Rise in share of specialty fibers to 42 percent

Dividend proposal of EUR 3.00/share plus a special dividend of EUR 1.20/share

Further earnings improvement expected in 2017

Tuesday, 21 March 2017

Capacity Expansion in Heiligenkreuz starts with Ground-Breaking Ceremony

Expansion of capacities for premium specialty fibers by 25,000 tons

Investments of about EUR 70 mn over the next twelve months

Project highlights strategic importance of Heiligenkreuz for TENCEL® premium fibers

Tuesday, 28 February 2017

Lenzing Management Board Proposes Dividend Increase and Payment of a Special Dividend

In addition to raising the dividend to EUR 3.00 per share, the management board of Lenzing AG proposes to pay out a special dividend amounting to EUR 1.20 per share.

Wednesday, 15 February 2017

Official Verification: All Standard Lenzing Fibers Are Derived 100 Percent from Nature

USDA Biobased certification extended to Lenzing Viscose® and Lenzing Modal®

Tuesday, 07 February 2017

Refibra™ fiber – Lenzing’s initiative to drive circular economy in the textile world

New fiber generation based on cotton scraps and wood

Another milestone in Lenzing’s innovation heritage

Close cooperation with leading textile chains

 

 

Friday, 23 December 2016

Lenzing Reduces Stake in EQUI-Fibres

Lenzing - The Lenzing Group has reduced its equity stake in EQUI-Fibres Beteiligungs-gesellschaft mbH, Kelheim from 45 to 20 percent. EQUI-Fibres is the sole parent company of Kelheim Fibres GmbH, which manufactures viscose fibers at its plant in Kelheim, Germany. EQUI-Fibres reported total revenue of EUR 162 mn in 2015.

Tuesday, 13 December 2016

Lenzing invests in new TENCEL® fiber plant in the USA

CEO Stefan Doboczky

State-of-the-art 90,000 tons TENCEL® fiber plant to be built in Mobile, Alabama

Investment of EUR 275 mn – operations to start in the first quarter of 2019

Strengthening of technical expertise by creating a new Management Board Role – Heiko Arnold appointed Chief Technology Officer

 

Wednesday, 30 November 2016

Lenzing Number One in the World for Sustainable Wood Sourcing

Ranked first by the Canadian environmental organization Canopy Planet Society

Re-confirmation of Lenzing’s leadership role in the field of sustainability

Acknowledgment of the innovative strength of Lenzing’s new TENCEL® fiber

from recycled cotton waste

 

Wednesday, 16 November 2016

Lenzing Group: Substantial Earnings Increase in the First Nine Months of 2016

Interim Report 01-09/2016

Revenue up 8.2 percent to EUR 1,578.4 mn

EBITDA improvement of 52.2 percent to EUR 320.6 mn

Operating cash flow doubled to EUR 374.9 mn

Investment programs for pulp and specialty fibers gain momentum

Tuesday, 11 October 2016

Lenzing invests EUR 100 mn in pulp production

[Translate to english:] Stefan DoboczkyStefan Doboczky

Lenzing/Vienna, October 11, 2016 – The Lenzing Group will expand and modernize its existing dissolving wood pulp production at the sites in Lenzing/Austria and Paskov/Czech Republic.

Early Extension of Robert van de Kerkhof’s Management Board Mandate at Lenzing AG

Employment contract for Chief Commercial Officer with responsibility for marketing and sales will be valid for a further three-year period

Wednesday, 24 August 2016

Lenzing Group: Substantial Revenue and Earnings Increase in First Half-Year 2016

H1 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

Lenzing Invests More Than EUR 100 Million in New Production Capacities for Specialty Fibers in Austria

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

Lenzing Group: Substantial Earnings Increase in the First Quarter of 2016

Lenzing Q1/2016

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

Lenzing Annual General Meeting Resolves to Double Dividend to EUR 2.00 per Share

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

Lenzing Achieves a Significant Leap in Earnings

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 Starts Work as New CFO of Lenzing AG

Thomas Obendrauf (CFO)

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

Lenzing AG intends to appoint Thomas Obendrauf as new CFO

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

10th Anniversary of VÖNIX: Lenzing Honored as an “All Time Index Member”

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 Presents New Group Strategy “sCore TEN“: Profitable Growth Thanks to Eco-Friendly Specialty Fibers

[Translate to english:] Stefan Doboczky

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

Lenzing Group: Substantial Earnings Improvement in the First Three Quarters of 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 Named the New Head of Corporate Communications of the Lenzing Group

Waltraud Kaserer

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

Lenzing Celebrates the First Anniversary of the World’s Largest TENCEL® Fiber Production Plant

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.

Monday, 21 September 2015

Lenzing is celebrating 50 years of Lenzing Modal®!

[Translate to english:] Friends of Lenzing Modal®Friends of Lenzing Modal®

Lenzing is celebrating 50 years of the production and marketing of Lenzing Modal®. The fiber has become a quintessential part of the textile world and is used in an array of textile products. Lenzing Modal® is both known and loved for its unparalleled softness.

Tuesday, 25 August 2015

Lenzing Group: Successful First Half of 2015

Significant increase for all earnings indicators

Strong tailwind from currency effects

Improved cost position thanks to excelLENZ program

Positive market development at the end of the second quarter

Wednesday, 12 August 2015

Lenzing Listed in the VÖNIX Sustainability Index for the 10th Straight Year

VÖNIX

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.

Wednesday, 15 July 2015

Interschutz Hannover 2015: “Toughest Firefighter Alive” with Lenzing FR® Protective Clothing

The Interschutz trade show in Hannover recently searched for and identified the toughest firefighter in the world. Lukas Novak from the Czech team secured the coveted title “Toughest Firefighter Alive“ (TFA). Equipped with protective clothing made of Lenzing FR®, he prevailed against 327 competitors from across the globe and was selected as the TFA World Champion. Moreover, Pavel Kubin and Petr Vyhnalek, also wearing protective clothing produced with Lenzing FR®, also grabbed the outstanding second and fourth places in the individual competition.

Friday, 03 July 2015

Lenzing AG Sells Three Business Units of Lenzing Technik

Within the context of the deconsolidation process launched in 2013 and the comprehensive restructuring of its technical operations already announced in 2014, Lenzing AG is continuing its strategy of more strongly focusing on its core business of producing man-made cellulose fibers, and is selling three business units of Lenzing Technik.

Friday, 26 June 2015

Lenzing Apprentices Win the Three Top Awards at the Austrian Federal Economic Chamber Apprenticeship Award

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

Two Sustainability Prizes for Lenzing

Laudator Präsident Helmut Mödlhammer und Sieger Andreas Dorner (Lenzing AG)TENCEL® shoe laces

ENERGY GLOBE Award Austria 2015 / Category Earth for Lenzing Modal® COLOR

TRIGOS Styria: CSR Newcomer Prize for TENCEL®

 

Monday, 18 May 2015

Lenzing Group: Clear Earnings Improvement in the First Quarter of 2015

Increased revenue thanks to better product mix

Cost savings improve operating results

Market environment remains difficult

Friday, 15 May 2015

Lenzing Issues EUR 150 mn German Private Placement (Schuldschein) with an Interest Rate of 1.43%

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 of about EUR 290 mn.

Wednesday, 22 April 2015

Lenzing Ordinary Shareholders’ Meeting resolves to distribute a dividend of EUR 1.00 per share

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

Lenzing Sells Dolan and European Carbon Fiber

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

Lenzing Group: Operating Results in 2014 Exceed Expectations, Higher Cost-Saving Targets Achieved

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

Management change from June 2015: Stefan Doboczky succeeds Peter Untersperger as CEO of Lenzing AG

Stefan Doboczky

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

Lenzing Group: Operating Results Above Expectations, One-Off Effects Negatively Impact Year-End-Results 2014

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.

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