Lenzing AG: Profiting From Increase In Demand Of Man-Made Fibers
- Lenzing's profit in 2013 was negatively affected by bad market conditions and costs for a redundancy program.
- Nevertheless, the company is very sound from a financial point of view and can afford to pay a dividend yield of 4.2%.
- World demand for man-made fibers is increasing rapidly. On a longer term, this will also be depicted in their price and Lenzing's profit.