Apparel Market Recovery and Financial Overview
Conclusion: Positive prospects for Lenzing remain
unchanged, 2023 targeted to be the comeback year
The comeback year
2023
Prospects remain positive
2024+
• Demand recovery expected in the course of
2023
• Energy and chemical cost show signs of
normalisation
• Global cost reduction program with positive
impact on earnings
• Lenzing expects EBITDA in 2023 to be in the
range of EUR 320 mn - 420 mn
www.lenzing.com
5/3/2023-24
• Strong position to tackle megatrends of sustainability
and circularity
Specialty fibers forecasted with above average growth
rates
Innovation platform with unique technologies supports
long-term prospects
TM
• Strong ingredient brands (e.g. TENCEL ™, VEOCEL™)
further support margins and growth
• Lenzing's new and upgraded assets with boosting impact
assuming full market recovery
• We remain committed to advancing circularity - e.g.
through greater transparency, improved infrastructure
and greener energy sources
Lenzing
Innovative by natureView entire presentation