EANS-Adhoc: Lenzing AG / Preliminary 2019 result below prior year’s level
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Financial Figures/Balance Sheet/Strategic Management Decisions 27.01.2020
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* Focus on growing lyocell capacities in Thailand triggers impairment of engineering costs in the USA
* Operational headwinds and one-off result in declined net profit
Lenzing - The Management Board has decided to focus in the!-->…