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LNZ - Lenzing AG News Story

€41.2 -1.7  -3.9%

Last Trade - 2:25pm

Sector
Basic Materials
Size
Mid Cap
Market Cap £1.03bn
Enterprise Value £1.81bn
Revenue £1.65bn
Position in Universe 348th / 1040

BRIEF-Lenzing Sats Co Expects A Negative Impact On Its Textile Sales Volume

Tue 24th March, 2020 10:30pm
March 24 (Reuters) - Lenzing AG  LENV.VI :
    * EXPECTS BASED ON RECENT DEVELOPMENTS A NEGATIVE IMPACT ON
ITS
TEXTILE SALES VOLUME
    * LENZING SUSPENDS 2020 GUIDANCE DUE TO COVID-19 CRISIS
    * HAS ALREADY STARTED TO IMPLEMENT COST SAVING MEASURES
ACROSS ITS
SITES GLOBALLY

Source text for Eikon:  ID:nAPA1HXMqc 
Further company coverage:  LENV.VI 

 ((Reuters.Briefs@thomsonreuters.com;))
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