Lenzing profits for the first quarter of 2015 climbed by 115.3 per cent compared to the first quarter of 2014. Consolidated revenue for Q1 saw a rise of 5.1 per cent compared to the previous year. EBITDA improved by 28.7 per cent from previous year. Earnings before interest and taxes for the first three months of 2015 saw a sharp rise of 61.3 per cent.

The upgraded product mix, slightly higher fiber sales volumes and the improved cost situation enabled Lenzing to achieve a clear improvement in earnings. Lenzing continued the good operational development achieved in the fourth quarter of 2014 with respect to its core business of manufacturing man-made cellulose fibers in the first quarter of 2015 as well.

All production plants were once again operating at full capacity. Demand for the specialty fiber Lenzing Modal, as well as Tencel, was gratifying. Lenzing also reported a comparatively good development for standard viscose fibers used in textile applications in the first quarter of 2015 thanks to the selective focus on attractive sales markets and higher value fiber qualities, continuing the positive trend of the fourth quarter of 2014. The share of specialty fibers in the product mix was significantly increased.

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