Q3 2021 Lenzing AG Earnings Call Transcript

Nov 03, 2021 / 03:00PM GMT
Operator

Ladies and gentlemen, thank you for standing by. I'm Nikola, your Chorus Call operator. Welcome, and thank you for joining Lenzing Group's analyst call. (Operator Instructions)

Your hosts today are Thomas Obendrauf and Robert van de Kerkhof.

I would now like to turn the conference over to Thomas Obendrauf.

Thomas Obendrauf - Lenzing Aktiengesellschaft - CFO & Member of Management Board

Thank you very much. Ladies and gentlemen, a warm welcome from my side. Thank you for joining us for the third quarter results call. In the line, we also have Robert van de Kerkhof, our Chief Commercial Officer. He will provide us with a market update. And next to me is also Cord Prinzhorn, our Interim CEO, he will briefly introduce himself in a minute. Now 2021, in a nutshell, so far, we see a strong operating result, despite the continued rise in costs, especially for energy, raw materials and logistics. Revenues for the first 9 months came in with -- close to EUR 1.6 billion compared to EUR 1.2 billion in the year before. Our specialty share is now at 73%

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