Austria's Lenzing Q1 revenue falls on lower fiber sales and prices

Lenzing AG

07/05/2026 06:43

Corrects to remove Q1 Adjusted Free Cash Flow from Key Details table

Overview

Austria specialty fiber producer's Q1 revenue fell 11% yr/yr on lower fiber sales and prices

Company returned to positive net profit after three negative quarters in 2025

Free cash flow more than doubled, driven by cost and working capital management

Outlook

Lenzing says a reliable forecast for 2026 is currently not possible due to high uncertainty

Company expects continued volatility in energy prices and foreign exchange rates

Lenzing will continue its transformation program to improve profitability and resilience

Result Drivers

LOWER FIBER SALES AND PRICES - Co said revenue decline was mainly due to lower fiber sales volumes and prices, as well as lower pulp prices

PRODUCTION MANAGEMENT - Reduced fiber sales volumes reflect deliberate production curtailment of less profitable lines, in line with strategic focus

ONE-OFF EFFECTS - EBITDA was supported by positive one-off effects from the sale of surplus EU emission allowances and negative goodwill from the TreeToTextile acquisition

Company press release: ID:nEQ5vSmcTa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 615.70 mln
Q1 EPS
EUR 0.01
Q1 Net Income
EUR 24 mln
Q1 Capex
EUR 28.40 mln
Q1 EBIT
EUR 40.10 mln
Q1 EBITDA
EUR 116.30 mln
Q1 EBITDA Margin
18.90%
Q1 EBIT Margin
6.50%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the specialty chemicals peer group is "buy."

Wall Street's median 12-month price target for Lenzing AG is €22.50, about 6.4% below its May 6 closing price of €24.05

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)