Solid start in Q1/2019
EBIT fell by 21.1% to € 54.4 million, leading to a lower EBIT margin of 9.7% (Q1/2018: 12.5%).
At the site in Heiligenkreuz/Austria a fire occurred on February 1, 2019 causing a shutdown of the lyocell production for several weeks. Material damage and the damage resulting from the interruption of operations are covered by insurance. Production at the site is now running at full capacity again.