Global economic decline burdens fiber industry - Lenzing

摘要

The decline of the global economy, triggered by the financial crisis, has massively affected the world fiber industry, too. The sales and results figures of the Lenzing Group for the first quarter of 2009 reflect this process. In comparison to the excellent result of last year's first quarter, consolidated quarterly sales dropped by 18.1%, from EUR 346.8 mill, to EUR 284.0 mill.