No end to slump in Lenzing’s sales and profits in Q1

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The decline in sales and results recorded by fibre specialist Lenzing continued in the first quarter of the current year. After profit and sales declined in the company’s 2013 financial year, EBITDA fell by 30% to €46.3m in the first quarter of this year, while EBIT plummeted by 52% to €16.7m. Net profits ...

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