Lenzing AG operates within the Cellulosic manmade fibers sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lenzing AG with three other
plastic manufacturers in Europe:
Hexpol AB
of SWEDEN
(2020
sales of 13.42 billion Swedish Kronor [US$1.57 billion]
of which 93%
was Compounding),
Synthomer PLC
of UNITED KINGDOM
(£1.64 billion [US$2.26 billion]
of which 41%
was Performance Elastomers), and
EMS-Chemie Holding AG
which is
based in SWITZERLAND
(1.80 billion Swiss Francs [US$1.95 billion]
of which 88%
was High Performance Polymers).
Sales Analysis.
During the year ended December of 2020, sales at
Lenzing AG were 1.63 billion Euro (US$1.94 billion).
This
is
a
decrease of 22.4%
versus 2019, when the company's sales were 2.11 billion Euro.
Contributing to the drop in overall sales was the 22.5% decline
in Fibers, from 2.09 billion Euro to 1.62 billion Euro.
There were also decreases in sales in
Lenzing Technik (down 21.9% to 9.02 million Euro)
and
Other (down 21.9% to 1.93 million Euro)
.