Lenzing solid in a very difficult market environment-4

December 4, 2019

“Lenzing is very well positioned due to its strategic orientation and its strong focus on specialty fibers. This is reflected, more than ever, in the current market environment, which is marked by trade conflicts and historically low prices for standard viscose. This uncertainty can be felt throughout the textile value chain and leads to significantly more sluggish demand. Thanks to the performance of our specialty fibers, we have nevertheless been able to achieve a solid result”, says Stefan Doboczky, Chief Executive Officer of the Lenzing Group. 

“While the profit situation of many companies in the textile value chain is challenging, we are still optimistic thanks to our specialty strategy and expect a satisfactory result for the full year”, Doboczky adds.

Reprint from: https://www.lenzing.com/newsroom/press-releases/press-release/lenzing-solid-in-a-very-difficult-market-environment/