×
208
Fashion Jobs
PUMA
Manager- Ecommerce Operations
Permanent · Bengaluru
PUMA
Warehouse Manager-D2C
Permanent · Bengaluru
PUMA
Digital Marketing Manager
Permanent · Bengaluru
EXPLODE SERVICES
Quality Assurance Manager Home Furnishing Garments For Noida
Permanent · Noida
EXPLODE SERVICES
Manager ie Garment Exports
Permanent · Noida
THE BANYAN HR CONSULTS
Merchandising Manager For a Seamless Garments Textile co at Coimbatore
Permanent · Coimbatore
OPERA CLOTHING PRIVATE LIMITED
Production Manager For Garment Manufacturing Factory
Permanent · Vapi
GOKALDAS EXPORTS LTD
sr. Manager - Technical - Garments Industry Background
Permanent · Bengaluru
NIKE
Lead Technical Product Manager, ed&a – Apla
Permanent · Bengaluru
NIKE
Senior Security Incident Responder – Cis
Permanent · Bengaluru
FAABIIANA
Executive For Online Product & Order Management
Permanent · NEW DELHI
FAABIIANA
Customer Sales Executive (Female)
Permanent · NEW DELHI
NIKE
Senior Technical Product Manager, Inventory & Order – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Finance – Apla
Permanent · Bengaluru
NIKE
Senior Technical Product Manager, Core Erp – Apla
Permanent · Bengaluru
OMREELS BIOSCOPE PVT LTD
Senior Executive Ecommerce
Permanent · MUMBAI
NIKE
Senior Technical Program Manager, Marketing Tech – Dtpo
Permanent · Bengaluru
NIKE
Service Delivery Manager, Operations Center – Tech Ops
Permanent · Bengaluru
NIKE
Director, Security Solutions & Delivery – Cis
Permanent · Bengaluru
NIKE
HR Manager - Nike India Technology Centre
Permanent · Bengaluru
NIKE
Financial Controller - India
Permanent · Bengaluru
NIKE
Software Engineering Manager, Finance & Procurement Technology – cf&c
Permanent · Bengaluru
By
Fibre2Fashion
Published
Nov 16, 2017
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Lenzing revenues grow 9.4% in first nine months

By
Fibre2Fashion
Published
Nov 16, 2017

Lenzing said consolidated revenue reached €1,726.6 million for the first nine months of 2017, up 9.4 per cent, mainly attributable to higher prices for all three fibre generations. The company is continuing the implementation of its group strategy sCore Ten in order to further expand the offering of specialty fibres.


Archive


Lenzing's consolidated earnings before tax, depreciation and amortisation (EBITDA) rose 23.9 per cent to €397.1 million, corresponding to an EBITDA margin of 23 percent, up from 20.3 per cent in the prior-year period.

In September 2017, the company opened a new application innovation centre in Hong Kong, another milestone in strengthening its innovation offering to all partners along the value chain, said the group.

New applications for Lenzing fibres will be developed and tested at the new facility, its said, such as applications for recent innovations including the TencelTm Luxe branded lyocell filament, the RefibraTm branded lyocell fibre and the EcoVeroTm branded viscose fibre.

"In the first three quarters of 2017, we successfully captured value in a very positive market environment and we continue to implement the sCore Ten strategy with great discipline. The opening of our new application innovation centre in Hong Kong is an important step to boost our regional innovation capabilities. We were particularly proud to launch TencelTm Luxe as a sign of Lenzing’s ongoing commitment to innovation and sustainability," said Stefan Doboczky, chief executive officer of the Lenzing Group.

"After three excellent quarters we are confident to deliver substantially better operating results in 2017 compared to 2016, but at the same time we do expect more headwinds in 2018."

The group aims to increase the share of specialty fibres as a percentage of revenue to 50 per cent by 2020. Following the capacity expansion initiatives in Heiligenkreuz (Austria) and Mobile, Alabama (USA) which are both underway, Lenzing announced its intention to construct the next plant to produce Tencel fibres in Thailand.

For 2018, overall market demand is expected to remain high. However, the group expects a substantial increase on the supply side, especially for viscose but also for cotton. Price trends for selected key raw materials, especially caustic soda, are difficult to predict. Against this background Lenzing expects a much more challenging market environment for standard viscose during the upcoming quarters. 

Copyright © 2022 Fibre2Fashion. All rights reserved.