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Profit forecast/half year results
Lenzing – The Lenzing Group reported a significantly improved development of its operating result in the first half of 2021. The preliminary operating result before depreciation (EBITDA) more than doubled from the previous year to €217.8 million (after €95.6 million in the first half of 2020). ).
However, the current positive environment remains marked by a great deal of uncertainty regarding the COVID-19 pandemic. Despite continued limited vision, the Lenzing Group Executive Board raised expectations for fiscal year 2021.
Given the very positive development in the first half of the year and taking into account the mentioned factors, the Lenzing Group expects EBITDA to reach at least €360 million in 2021.
The Lenzing Group’s results for the first half of 2021 will be published on Wednesday, August 4, 2021.
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Source: Lenzing AG
Phone: +43 7672-701-0
Fax: +43 7672-96301
Ingredients: WBI, ATX
Inquiries and contact:
Vice President of Corporate Communications and Public Affairs
Phone: +43 7672701 2743
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