Mar 14, 2025 / 02:00PM GMT
Operator
Ladies and gentlemen, welcome to the analyst conference call and live webcast. I am Yusuf, the Chorus call operator. I would like to remind you that all participants will be in listen-only mode and that the conference is being recorded. (Operator instructions)
At this time, it's my pleasure to hand over to Rohit Aggarwal, CEO. Please go ahead.
Rohit Aggarwal - Lenzing AG - Chief Executive Officer
Good afternoon and warm welcome to the presentation of Lenzing's results for the financial year 2024. Ladies and gentlemen, with me today is Nico Reiner, our CFO. We'll start with an overview of key developments. I can clearly say that the revenue, profitability, and free cash flow significantly improved in 2024 despite a continuously challenging market environment.
Our revenue increased by 6% to EUR2.66 billion compared to 2023, mainly reflecting a higher level of revenues generated from fibers. EBITDA significantly rose by 30% toEUR395 million in 2024. And the margin, EBITDA margin increased from 12% to 15%. This development was driven by the
Full Year 2024 Lenzing AG Earnings Call Transcript
Mar 14, 2025
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