“Ready to join?”: Lenzing presents combined annual and sustainability report 2023   Combination of financial and non-financial reporting as evidence of the central role of sustainability Measurable progress in achieving ambitious sustainability and climate targets Lenzing remains a sustainability champion and prepares for the European Green De [ … ]

Negative market environment strongly impacts 2023 earnings – implementation of performance program exceeds plan   Revenue of EUR 2.52 bn in 2023, EBITDA of EUR 303.3 mn EBIT and earnings after tax impacted by non-cash impairment losses of EUR 464.9 mn Implementation of performance program with a focus on positive free cash flow, stronger reven [ … ]

Lenzing raises the bar significantly in the fight against the climate crisis and aligns its targets with the 1.5-degree limit   Updated GHG emissions reduction targets recognized and confirmed by Science Based Targets Initiative Lenzing is the only company in its industry with a scientifically confirmed net zero target 1,100,000 tons of CO2 em [ … ]

Lenzing once again on CDP’s prestigious Triple A List, confirming sustainability leadership   Lenzing one of the only 10 companies in the world with a triple “A” score Leading role in corporate transparency and performance on climate change, forests and water security reaffirmed CDP is considered the gold standard for international environment [ … ]

  EBITDA of around EUR 300 million expected for 2023 Non-cash impairment losses of up to EUR 480 million Implementation of the performance program fully on track Lenzing – The annual valuation of assets in accordance with IFRS for the entire Lenzing Group, a leading global supplier of specialty fibers for the textile and nonwovens industries, bo [ … ]

Lenzing – The annual valuation of assets in accordance with IFRS for the entire Lenzing Group, both nationally in Austria and internationally, has resulted in a projected asset impairment of up to EUR 480 million for the 2023 financial year.[1] The reasons for the impairment requirements are, on the one hand, continued uncertainties in the economic [ … ]

Lenzing again receives top sustainability ratings from MSCI and SAC Higgs FEM   With an ”AA“ rating, Lenzing is among the top eight percent of the industry worldwide First SAC Higgs FEM verification delivered excellent results   Lenzing – The Lenzing Group, a leading global supplier of specialty fibers for the textile and nonwovens industries, [ … ]