Brief: Lenzing Says FY 2027 EBITDA Forecast Above EUR 1 Bln

Lenzing AG

22/06/2022 12:38

June 22 (Reuters) - LENZING AG  LENV.VI :
    * ENHANCES ITS CORPORATE STRATEGY: FULL STEAM AHEAD ON
PROFITABLE
GROWTH AND TRANSFORMATION FROM A SUSTAINABILITY INTO A
CIRCULARITY CHAMPION
    * STRONG FINANCIAL TARGET SET FOR 2027: EBITDA ABOVE EUR 1
BN,
ROCE ABOVE 12%
    * OUTLOOK 2027: NET FINANCIAL DEBT/EBITDA: BELOW 2.5X
(VERSUS 2.7X
AS OF DECEMBER 31, 2021)
    * COMMITMENT TO CONSISTENTLY PROVIDE ATTRACTIVE DIVIDENDS TO
SHAREHOLDERS WITH A MINIMUM DIVIDEND OF EUR 4.50 PER SHARE AS OF
2023 FINANCIAL YEAR

Source text for Eikon:  ID:nEQ4dPsTVa 
Further company coverage:  LENV.VI 

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