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In view of the drastic deterioration of the market environment in the current quarter, Lenzing is suspending its forecast for the development of results in the 2022 financial year. The further course of the 2022 financial year can only be assessed to a limited extent due to the extremely low visibility on the demand side and the high volatility of energy and raw material costs, it says. I don't know if this would be a signal for me to continue buying...
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@RoronoaZoro This is more or less the same as the corona collapse. And as I said, almost book value.
They will continue to supply the best fibers for all kinds of applications for many years to come.
They will continue to supply the best fibers for all kinds of applications for many years to come.
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1Anno
@RundesBalli1 after such a comparable collapse in corona times, they actually doubled their share value after the crisis could happen again i think
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