Lenzing Investor Presentation 2022 Full-year Results
Initial optimism early 2022 led to unfavorable decisions in
the industry in retrospect
Fashion executives' view1 on 2022 when asked in Nov 2021
% of respondents, n=221
Worse
9%
Same 29%
62%
Better
Key takeaways
At the end of 2021, the textile industry saw a
very strong 2022 ahead
91 % expected the year to be better or same,
significantly influenced by strong growth in
2021
This optimism led to some unfavorable
decisions in retrospect
⚫ High stock levels as a learning out of
Covid and supply chain driven stock outs
This included even accepting the risk of
high cotton prices
Biggest fear within the textile value chain
was to be out of stock
1) Survey question: "How will conditions evolve for the fashion industry in the next year, in
SOURCE: BOF McKinsey State of Fashion 2022 Survey (status Dec 2021)
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your view?"
09/03/23 - 8
Lenzing
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