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Lenzing plunged into the red in 1996

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Published in issue 23/1997
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For the Austrian Lenzing group, 1996 was one of the most difficult years in its history. In its shareholder letter Lenzing AG, Lenzing, informed its shareholders about the fact that the group's 1996 preliminary results from ordinary activities total minus Sch30.3m (previous year: plus Sch312.6m). The net loss for the ...

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