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  • Lenzing pays no dividend for 2019 financial year

    Lenzing AG, a leading manufacturer of specialty fibers made from the renewable raw material wood, informed that the 76th Annual General Meeting of the company resolved on June 18, 2020, not to distribute a dividend for the 2019 financial year (compared to EUR 5.00 per share in the previous year).

    Earlier, Lenzing received award for blockchain technology use in the fiber identification.

    About Lenzing Group:

    The group is an international, publicly listed group of companies with headquarters in Austria, production sites in all major markets as well as a worldwide network of sales and marketing offices. It supplies the global textile and non-wovens industry with high-quality man-made cellulose fibers. The portfolio ranges from dissolving pulp, standard and specialty cellulose fibers to engineering services. Lenzing Group has around 6,350 employees as of September 30, 2014.

    Source: Woodbizforum