Lenzing's revenues for the first nine months of 2019 declined by 1.1 percent to €1.62 billion as compared to the same period last year. Revenues were negatively impacted by the low prices of standard viscose, which registered a historic low in the third quarter, coupled with sluggish demand due to ongoing trade conflicts, the company said. However, the sales decrease was largely offset by the company's focus on higher priced specialty fibers, whose share of revenues rose from 44.1 percent to 49.8 percent. Meanwhile, the net profit dropped by 15.6 percent to €112.9 million. The earnings decline was also primarily attributed to the market environment for standard viscose.