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21st Austria weekly - Lenzing FACC 03/05/2023 [pic1]Lenzing: The business performance of the Lenzing Group a leading global supplier specialty fibers for textile and nonwovens industries during first quarter 2023 largely reflected market trends. However after environment had deteriorated significantly in third fourth quarters previous year signs recovery emerged terms demand as well raw material energy costs. Textile recorded moderate but steadily improving demand. Business with dissolving wood pulp performed better than expected. Raw costs were still at an elevated albeit decreasing level. Revenues increased by 1.3 percent compared to prior-year EUR 623.1 mn. This growth was primarily due higher revenues while fiber revenues down. As consequence earnings before interest tax depreciation amortization EBITDA decreased 66.2 year-on-year 29.7 mn 2023. net result reporting period amounted minus 64.9 compared 34.1 2022.Lenzing: performance: -5.06%FACC: ongoing air traffic led signi ....