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current news

Lenzing Cites 18.1% Sales Drop

(Filed Under Financial and General Interest News). The Lenzing Group has reported a sales drop of 18.1 percent in the first quarter ended March 31st to 284 million Euros from 346.8 million during last year’s first quarter.

The company attributed the large decrease in sales to the “dramatic collapse of fiber prices, particularly in Asia, and lower quantity sales.”

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more Financial and General Interest News >>

Published 05-13-2009 by Bruna Fernandes

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