Full Year 2018 Lenzing AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. I am Yasmine, your Chorus Call operator. Welcome, and thank you for joining the Lenzing Group investor conference call. (Operator Instructions)
Your hosts today are Stefan Doboczky and Thomas Obendrauf. I would now like to turn the conference over to Stefan Doboczky, CEO of Lenzing.
Thank you very much, ladies and gentlemen. A warm welcome to the annual call for Lenzing for the full year results on 2018.
After our record year in 2017, 2018 definitely was a year with a significantly more demanding market environment. Nevertheless, we feel the Lenzing Group delivered solid results. Group revenue, slightly lower than the year before with EUR 2,176,000,000. Overall, I'm going to say this is a fine level. Particularly pleased with the development of our specialty fiber portfolio. The ratio stands now at 45.5%. And it was important for us, in 2018, we always said this will be the acid test year with respect to price
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
