Lenzing Group increases sales, but high costs weigh on results in the first half of 2022

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Austrian Lenzing Group was able to increase sales to €1.3bn in the first half of 2022, primarily due to higher fibre prices. The company’s operating and net results declined to €96m and €72m, respectively. This mainly reflects the cost trend in global energy and raw material markets, which affected the whole of manu...

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