Brief: Lenzing Targets EBITDA Of Around Eur 550 Mln For 2027
29/09/2025 11:06
Sept 29 (Reuters) - Lenzing AG LENV.VI: STRATEGIC REVIEW FOR INDONESIAN PRODUCTION SITE INITIATED, IMPAIRMENT REQUIREMENT AFFECTS EBIT; COST SAVINGS INCLUDING STAFF REDUCTION; EBITDA GUIDANCE 2025 CONFIRMED EXPECTS IMPAIRMENT LOSSES UP TO EUR 100 MILLION TO REDUCE ABOUT 300 JOBS EXPECTED ANNUAL SAVINGS OVER EUR 25 MILLION FROM 2026 TO INVEST OVER EUR 100 MILLION IN AUSTRIAN SITES TOTAL SAVINGS TO EXCEED EUR 45 MILLION BEFORE 2027 TARGETS EBITDA OF AROUND EUR 550 MILLION FOR 2027 Source text: ID:nEQ5RWLRqa Further company coverage: LENV.VI (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))