Brief: Lenzing 9-Month EBITDA Down 11.6% To EUR 263 Mln

Lenzing AG

03/11/2022 06:38

Nov 3 (Reuters) - LENZING AG  LENV.VI :
    * LENZING AG: LENZING RESPONDS WITH SAVINGS PROGRAM TO
EARNINGS
DEVELOPMENT
    * LENZING AG NINE MONTHS EARNINGS PER SHARE 2.16 EUR VERSUS
3.77
EUR YEAR AGO
    * LENZING AG NINE MONTHS EBITDA FELL 11.6 PERCENT TO 263.0
MILLION
EUR
    * LENZING AG - REVENUE IN FIRST THREE QUARTERS UP 24 PERCENT
    * LENZING AG - 2022 EARNINGS IN RANGE OF CURRENT MARKET
EXPECTATIONS
    * LENZING AG - REORGANIZATION AND COST REDUCTION PROGRAM OF
EUR 70
MN LAUNCHED
    * LENZING AG - NET PROFIT FOR PERIOD DECREASED BY 33.9
PERCENT TO
EUR 74.9 MN
    * LENZING AG - 9-MONTH CAPEX DECREASED BY 15.7 PERCENT TO
EUR 532
MILLION

Source text for Eikon:  ID:nEQ34c9rZa 
Further company coverage:  LENV.VI 
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