Lenzing AG (STU:LEN)
€ 25 -0.15 (-0.6%) Market Cap: 963.52 Mil Enterprise Value: 2.88 Bil PE Ratio: 0 PB Ratio: 0.98 GF Score: 61/100

Half Year 2025 Lenzing AG Earnings Call Transcript

Aug 7, 2025 / 10:59 AM GMT
Release Date Price: €24.4

Key Points

Positve
  • Lenzing AG (WBO:LNZ) reported a 2% increase in revenue, reaching €1.34 billion in the first half of 2025.
  • EBITDA increased by 63% to €269 million, with the EBITDA margin rising from 13% to 20%.
  • Unleveraged free cash flow improved to €89 million in the first half of 2025.
  • The company successfully placed a new hybrid bond, increasing its liquidity cushion to over €1.1 billion.
  • Lenzing AG's performance program is on track, with expected annual cost savings of more than €180 million for 2025.
Negative
  • Geopolitical uncertainties and international tariff measures have created stress along the textile value chain, impacting recovery.
  • Energy and chemical costs remain elevated, affecting overall cost structures.
  • The company reported a loss of €35 million for shareholders, although this is an improvement from the previous year's loss.
  • Market visibility remains low due to ongoing global tariff uncertainties.
  • Dissolving pulp prices declined significantly, although they are expected to stabilize.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

LENV.VI - Lenzing AG
Half Year 2025 Lenzing AG Earnings Call
Aug 07, 2025 / NTS GMT

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Presentation
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Unidentified_1 [1]
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Thank you and good afternoon to everyone. Ladies and gentlemen, welcome to the presentation of Lansing's results of the first half of 2025.

With us today is also Nico Reiner, our CFO, whom you know well.

But let's start with an overview of the key developments.

Revenue and IEA continue to improve also in the first half of this year in a market environment that remains challenging and is marked by the rise in geopolitical uncertainty, especially the aggressive customs policy that we are observing.

Our revenue reached â¬1.34 billion an increase of 2% compared to the first half of 24.

IIDDA increased by 63% and reached â¬269 million in the first six months, and the IBIDA margin increased from 13% to 20%.
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