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Lenzing AG (LENV.VI)

LENV.VI on Vienna Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Lenzing Says Stefan Doboczky Reappointed CEO
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - LENZING AG ::EANS-NEWS: LENZING AG / STEFAN DOBOCZKY REAPPOINTED CEO OF LENZING AG.‍STEFAN DOBOCZKY'S NEW CONTRACT WILL BEGIN ON JUNE 1, 2018 AND RUNS UNTIL END OF 2022​.  Full Article

Lenzing says plans 275 mln euro investment in new U.S. plant
Tuesday, 13 Dec 2016 

Lenzing AG : State-of-art 90,000 tons Tencel fiber plant to be built in Mobile, Alabama . Investment volume will total USD 293 mn (eur 275 mn) . Investment of eur 275 mn - operations to start in Q1 of 2019 . Aims to increase share of specialty fibers as a percentage of revenue to 50 percent by 2020 . Supervisory board of company appointed today Heiko Arnold as new chief technology officer Further company coverage: [LENV.VI] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Lenzing invests EUR 100 mln in pulp production
Tuesday, 11 Oct 2016 

Lenzing AG : Lenzing invests 100 million euros ($112.01 million)in pulp production . Additional new capacities of around 35,000 tons will be added over next 2.5 years .Total investment program of 100 million euros, approximately 60 million euros of it in Lenzing and almost 40 million euros in Paskov.  Full Article

Lenzing doubles Q1 EBIT margin, expects higher 2016 revenues
Thursday, 12 May 2016 

Lenzing Ag : 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 . Figures for q1 2016 . EBIT margin climbed to 11.6 percent from 5.7 percent of prior-year quarter . Net profit for period rose to eur 44.1 mn . CEO: I continue to expect a substantial improvement in earnings for entire financial year 2016 .Lenzing expects a strong increase in demand for its specialty fibers.  Full Article

Lenzing comments on FY 2016 outlook, to propose FY 2015 dividend
Wednesday, 23 Mar 2016 

Lenzing AG:To propose distribution of dividend of 2.00 euros per share for FY 2015, double the dividend for 2014.Expects further improvements in earnings in the current FY 2016 compared to 2015.  Full Article

BRIEF-Lenzing Says Stefan Doboczky Reappointed CEO

* EANS-NEWS: LENZING AG / STEFAN DOBOCZKY REAPPOINTED CEO OF LENZING AG