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Lenzing AG cuts 200 full-time jobs

Summary by Kurier

Earnings before interest, taxes, depreciation and amortization should only reach 250 million euros. At the beginning of August, well over 363 million euros were expected. After three quarters, EBITDA amounted to 263 million euros.

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Lenzing AG cuts 200 full-time jobs

3 years ago·Vienna, Austria

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Lenzing cut earnings forecast for 2022 and cuts 200 full-time jobs

Earnings before interest, taxes, depreciation and amortization should only reach 250 million euros. At the beginning of August, well over 363 million euros were expected. After three quarters, EBITDA amounted to 263 million euros.

3 years ago

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Kurier broke the news in 3 years ago on Monday, December 19, 2022.

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