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PRESS RELEASE : Lenzing AG / Lenzing Group with an excellent start into 2021


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Corporate news transmitted by euro adhoc with the aim of a Europe-wide
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Earnings/Quarterly Report/Company Information
Highlights -
Significant increase in operating result: EBITDA at EUR 94.5 mn, cash flow
from operating activities more than tripled
Major strategic projects continue fully on track - production start of the
lyocell plant in Thailand expected in the fourth quarter 2021
Upper Austria s largest photovoltaic plant at the Lenzing site
Lenzing exits Hygiene Austria joint venture
Guidance 2021: Lenzing expects operating result at least at pre-crisis level
Lenzing - The Lenzing Group had a clearly positive revenue and earnings ....

Upper Austria , Stefan Doboczky , International Monetary Fund , Lenzing Group , Global Reporting Initiative , Earnings Quarterly Report Company Information , Company Information , Hygiene Austria , Sustainability Report , Austrian Sustainability , Diversity Improvement Act , Gmbh Wirtschaftspr , Palmers Textil , Managing Board , Dow Jones , Lenzing Ag Stock Exchange , Press Release , S Lnz At0000644505 , மேல் ஆஸ்ட்ரியா , சர்வதேச பண நிதி , உலகளாவிய புகாரளித்தல் முயற்சி , நிறுவனம் தகவல் , சுகாதாரம் ஆஸ்ட்ரியா , நிலைத்தன்மை அறிக்கை , ஆஸ்திரேலிய நிலைத்தன்மை , பன்முகத்தன்மை முன்னேற்றம் நாடகம் ,

21st Austria weekly - Lenzing, Vienna Stock Exchange (02/04/2021)


04.04.2021
Lenzing: Over the past four weeks, Lenzing AG has worked intensively together with Palmers Textil AG to address the allegations concerning Hygiene Austria LP GmbH. Lenzing concluded that measures had to be taken immediately in light of the state of its public image. Along with the performance specifications needed to ensure the sound and continuing existence of the company as a going concern, the two shareholders have agreed that Lenzing s stake in Hygiene Austria will be transferred to Palmers. Lenzing will waive its right to a suitable purchase price for the time being in order to ensure the continued existence of Hygiene Austria in line with its founding principle. In turn, this should enable Palmers to provide further funding to the company.  Following several extremely intense weeks, I am pleased to report that we have pinpointed the primary deficiencies and have made every effort to deal with them in cooperation with Palmers. Accordingly, we have put in plac ....

Stephan Sielaff , Erste Group , Vienna Insurance Group , Vienna Stock Exchange , Palmers Textil , Hygiene Austria , Managing Board , Supervisory Board , Stock Exchange , Besuchen Sie , Pic1 Lenzing , Lenzing S , Quot Following , ஸ்டீபன் சிலப்ப் , வியன்னா காப்பீடு குழு , வியன்னா ஸ்டாக் பரிமாற்றம் , பால்ம்ஸ் டெக்ஸ்டில் , சுகாதாரம் ஆஸ்ட்ரியா , நிர்வகித்தல் பலகை , மேற்பார்வை பலகை , ஸ்டாக் பரிமாற்றம் ,