Lenzing's Earnings Rise on Improved Selling Prices and Demand

摘要

Lenzing reported second-quarter 2011 operating income of ?108.5 million, on sales of ?544 million because of improved selling prices. Operating margin was 19.9%. First-half operating income soared 85%, to ?199.2 million, on sales up 31%, to ?821 million because of “considerably higher fiber prices,” higher fiber shipment volumes, and the consolidation of the Biocel Paskov pulp plant acquisition.