Lenzing Investor Presentation 2022 Full-year Results
2022 with a solid start in H1, however, H2 2022 was a "perfect
storm" - sudden and steep demand drop with rising costs
H1 2022 - a solid start in the year
Strong demand in all fiber product
groups as well as DWP
Costs
High fiber and DWP prices led to
revenues of EUR 1.29 bn in H1 2022
(+25 % y-o-y)
Demand
Energy, raw materials and logistics
cost with further increases
EBITDA reached solid level of
EUR 189 mn in H1 2022
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Prices
Free Cash
Flow
09/03/23 17
H2 2022 - a "perfect storm"
Unprecedented increase in raw material
and energy cost across the industry
Overall decline in demand for fibers in the
textile industry led to a decline of fiber
sales for Lenzing
Significant decline in operating rates and
prices in line with declining business
sentiment
Capex for new sites in Thailand and Brazil
as well as inventories build up with impact
on trading working capital
Lenzing
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