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Lenzing Revenue and Profits Fell in 2018 on Higher Material and Energy Costs

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Higher costs and a challenging environment for standard viscose led the Lenzing Group to a decline in revenue and earnings in the 2018 fiscal year. In a nutshell: The Austria-based fiber company said the main causes for the downturn in 2018 were lower selling prices for standard viscose, currency exchange rate effects and higher raw…

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