The Lenzing Group, a leading global supplier of regenerated cellulose fibres for the textile and nonwoven industries, has announced a key personnel change on its Managing Board. The Supervisory Board of Lenzing AG and Dr Walter Bickel, Chief Transformation Officer, have mutually agreed to
Lenzing Group revenues rose by 5.7 percent year-on-year to €658.4 million in the first quarter of 2024, which it attributed to higher fibre sales volumes. Earnings before interest, tax, depreciation and amortization (EBITDA) more than doubled to €71.4 million in the reporting period compared with €29.7 million in the first quarter of 2023. “The operating […]