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Lenzing hails record FY, warns on year ahead

2018-03-15 12:03:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing has reported its best financial performance in its history during 2017 but warned it expects its results for the year ahead will be lower than the last two years as a number of factors form the basis for a challenging market environment in the coming quarters.

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