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Lenzing Q1 profit tumbles 58.6%

2020-05-06 18:36:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing has reported a drop in both profit and revenue in the first quarter of 2020 as the firm continues to be plagued by lower selling prices for standard viscose amid the impact of Covid-19.

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