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LNZ Lenzing AG News Story

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Basic MaterialsSpeculativeMid CapTurnaround

Brief: Lenzing Swings to FY Net Loss of EUR 37.2 Million

Mar 9 (Reuters) - Lenzing FY capex EUR 698.9 million.
* FY EBITDA margin 9.4%
* FY EPS EUR -2.75
* FY revenue EUR 256 million
* FY adjusted free cash flow EUR -43.2 million
* FY net income EUR -37.2 million
* FY EBITDA EUR 241.9 million
* Outlook 2023 EBITDA in range of EUR 320 mln to EUR 420 mln
* Lenzing faced extraordinary headwinds due to the multiple crises last year,
says CEO

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