Lenzing Investor Presentation 2022 Full-year Results
At a glance
Key developments & strategic highlights
• Markets remained challenging with strong headwinds on cost, price and demand especially in H2 2022
EUR > 70 mn cost reduction program well on track
• Successful production ramp-up of new Lyocell production site in Thailand and new DWP site in Brazil
Lenzing confirmed excellent ESG ratings with triple "A" from CDP, AA from MSCI as well as Platinum
status from EcoVadis
⚫ Nico Reiner started as new CFO on January 1st 2023
2022 financial results
Revenue reached EUR 2,566 mn (vs. EUR 2,195 mn in 2021)
⚫ EBITDA decreased by 33 % to EUR 242 mn (vs. EUR 363 mn in 2021)
Net result after minorities was negative at EUR -73 mn (vs. EUR 110 mn in 2021)
Liquidity cushion of EUR 686 mn remains strong
• Dividend for 2022 has been suspended
Assuming a further market recovery in the current financial year, the Lenzing Group expects
EBITDA in 2023 to be in a range of EUR 320 mn to EUR 420 mn
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09/03/23 - 3
Lenzing
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