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Lenzing introduces cost saving program to boost growth

The Lenzing Group reported revenue growth of 24 percent year-on-year to reach 1.97 billion euros, primarily due to higher fibre prices. EBITDA for the period decreased by 11.6 percent to 263 million euros, while net profit decreased by 33.9 percent to 74.9 million euros, and earnings per share amounted to 2.16 euros in the first three quarters...

3 Nov 2022