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Published in issue 46/2020
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Lecta is taking a four-day downtime at its Condat fine paper mill. According to an article published by radio stations network France Bleu, production at the site was stopped on Sunday, 8 November and will be down until Wednesday,...
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Published in issue 16/2020
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UPM is reducing its paper production in response to the current decline in demand in the printing and writing paper market. The company told EUWID that it had taken preparations to reduce production at its mills at short notice...
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Published in issue 6/2020
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The intended recapitalisation of Lecta has overcome another hurdle when the existing bondholders gave their approval. A company spokesperson confirmed that the approval was granted on 23 January, clearing the way for the final...
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Published in issue 50/2019
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Fedrigoni group operates three paper mills and a converting plant with over 590 employees in Italy’s province of Trento. Over the next four years, the Bain Capital-controlled group plans to invest a double-digit million euros sum...
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Published in issue 37/2019
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Spain’s Lecta group aims at repositioning itself in a challenging market, and is looking for ways to secure a more sustainable capital structure for the planned transformation of the group. The weak half year results and the...
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Published in issue 37/2019
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Lecta is changing course at its Condat mill in France. French trade union Filpac CGT told EUWID that the company announced at a meeting with employee representatives that it would not wait any longer for subsidies from the...
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Published in issue 24/2019
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Spain’s fine paper group Lecta closed the first quarter of the current fiscal year with virtually unchanged financial results and slightly higher sales. Despite nearly 10 per cent lower deliveries, sales increased to €388.9m...
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Published in issue 19/2019
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Lecta’s financial results remained under pressure in 2018 amidst dwindling markets for printing and writing paper and high costs. The company’s operating profit fell to €60m, while post-tax results remained negative at €2m. The...
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Published in issue 12/2019
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Spain’s paper group Lecta will temporarily suspend production on PM 8 at its French Condat mill in Le Lardin Saint Lazare from the end of April. The company said that the chronic decline in demand on the market for coated woodfree...
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Overcapacity has build up in the market for woodfree coated paper in Western Europe, which has led Lecta to temporarily switch off production at its Condat mill. Spain's paper group Lecta will temporarily suspend production on PM...
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