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LENZING - Lenzing reports that it had solid business development in the first three quarters of 2018, due to the implementation of key strategic measures and against a challenging business environment in the sector. This is despite a fall in net profit and revenue from the same period a year ago.

The company says that the revenue and earnings decline they experienced was based on a mix of lower prices for standard viscose, more unfavourable exchange rates and price increases for key raw materials.

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