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Lenzing’s 2003 operating result below 2002 record

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Published in issue 14/2004
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According to preliminary figures, the Austrian Lenzing group’s operating result (EBIT) for the 2003 financial year amounted to €74.0m, which means it fell short of the record of €78.4m set in the year before. The reasons for this drop of about 5.6% included the development of the dollar exchange rate and a ...

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