Lenzing Investor Presentation 2022 Full-year Results slide image

Lenzing Investor Presentation 2022 Full-year Results

Excellent prospects for Lenzing remain unchanged The "perfect storm" in H2 2022 2022 • Unprecedented increase in raw material and energy cost across the industry Inventories in the textile industry increased sharply in 2022 Business sentiment in textile industry rapidly declined, leading to negative impact on demand, operating rates and prices www.lenzing.com The comeback year 2023 • Demand is expected to recover in the course of 2023 Energy and chemical cost show first signs of normalisation • Global cost reduction program with positive impact • Lenzing expects EBITDA in 2023 to be in the range of EUR 320 mn - 420 mn 09.03.2023 - 32 Prospects remain positive 2024+ Leading position to tackle megatrends of sustainability and circularity Specialty fibers with highest growth rates in the industry • Innovation platform with unique technologies secures long-term prospects • Strong ingredient brands further support margins and growth • Lenzing's new and upgraded assets with boosting impact after full market recovery Lenzing Innovative by nature
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