Lenzing AG | Finanzwire

PRESS RELEASE

published on 01/23/2024 at 18:05, 2 years 9 months ago

EQS-Adhoc: Lenzing AG: Impairment requirements (EBIT) for the financial year 2023; confirmation and specification of earnings forecast (EBITDA)
Lenzing AG has reported a projected asset impairment of up to EUR 480 million for the 2023 financial year due to continued uncertainties in the economic environment, increased raw material and energy costs, and a higher interest rate environment. The impairment losses will affect the EBIT for the 2023 financial year, but not the full-year EBITDA forecast of EUR 270 – 330 million, with an expected EBITDA of around EUR 300 million. For more information, contact Dominic Köfner, Vice President Corporate Communications & Public Affairs, or Sébastien Knus, Vice President Capital Markets.

Lenzing AG Asset Impairment EBIT EBITDA Forecast Financial Audit
PRESS RELEASE

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