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The Textile Magazine
APRIL 2012
Lenzing
repeats record
performance despite
weakening fiber market
fiber
Consolidated sales in 2011 rose by 21.2 per cent to
EUR 2.14 billion, up from EUR 1.77 billion in the prior
year. This dynamic sales growth can be attributed to
higher average selling prices in its core fiber business,
higher fiber shipment volumes, the first-time full-year
consolidation of the pulp plant Biocel Paskov acquired
in May 2010 as well as higher sales in all other business
areas.
“Our dynamic growth path and specialty strategy led
by the fibers Lenzing Modal and TENCEL once again
paid off in 2011. Whereas sales with standard viscose
fibers increased by close to 20 per cent year-on-year, we
sold some 30 per cent more TENCEL fibers and close to
40 per cent more Lenzing Modal fibers than in the prior
year”, explains Lenzing Chief Executive Officer Peter
Untersperger.
The Lenzing Group continued its dynamic
growth trend of the previous years by post-
ing record results in 2011. Despite a signifi-
cant weakening of the global fiber market in
the second half of 2011, Lenzing once again
achieved double-digit growth rates
in sales and earnings, and sur-
passed the threshold of
EUR 2 billion in consolidat-
ed sales for the first time
in its history. Operating
margins also improved
again from the already
high level achieved in
2010 and set a new,
absolute record.
Mr. Peter Untersperger,
Chief Executive Officer, Lenzing