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Lenzing AG — Earnings Release 2021
Apr 21, 2021
748_iss_2021-04-21_df028696-8ec0-41a5-ba29-bc7641cebc40.pdf
Earnings Release
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Publication Date: 21.04.2021 19:09 EANS-Adhoc: Lenzing AG / Lenzing raises outlook for current financial year
Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Earnings Forecast 21.04.2021
Lenzing - The Lenzing Group got off to a better-than-expected start to the financial year 2021, with preliminary EBITDA (earnings before interest, tax, depreciation and amortization) rising by 36.8 percent year-on-year to EUR 94.5 mn in the first quarter of 2021.
Despite the continuing high degree of volatility in the textile sector due to the COVID-19 pandemic, the Managing Board of the Lenzing Group raises its guidance for the 2021 financial year: The Lenzing Group expects the operating result to be at least at the level of the pre-crisis year 2019.
The results of the Lenzing Group for the 1st quarter of the current financial year will be published on Wednesday, May 05, 2021.
Further inquiry note: Daniel Winkelmeier Vice President Corporate Communications a.i. Lenzing AG Phone: +43 676 7579843 E-mail: [email protected]
end of announcement euro adhoc
issuer: Lenzing AG A-4860 Lenzing phone: +43 7672-701-0 FAX: +43 7672-96301 mail: [email protected] WWW: http://www.lenzing.com ISIN: AT0000644505 indexes: ATX, WBI stockmarkets: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service