Lenzing Group: Impressive increase in sales despite market challenges!

Lenzing Group: Impressive increase in sales despite market challenges!

The Lenzing Group, a major manufacturer of regenerated cellulose fibers, has embarked on a significant recovery path in the 2024 financial year. How finanzen.ch reported that sales revenue increased by 5.7 percent to 2.66 billion euros. This positive development is mainly due to a 10 percent increase in fiber sales. EBITDA even improved by an impressive 30.4 percent to 395.4 million euros, while free cash flow completed a turnaround from minus 122.8 million to plus 167 million euros. Despite these successes, the company recorded a negative result after taxes of 138.3 million euros, due to one-off special effects.

Rohit Aggarwal, CEO of the Lenzing Group, expressed optimism about future developments: “Thanks to targeted measures, we were able to achieve a significant recovery in fiber volumes sold and strong performance in the pulp business, despite the weak market situation.” The company's own performance program made a decisive contribution to improving the financial indicators, with the EBITDA margin increasing from 12 to 14.8 percent, as can be seen from the figures presented. However, the market situation remains challenging as logistics and raw material costs remain high, which weighs on the operating result.

Outlook for 2025

Lenzing is looking positively into the future and expects further EBITDA growth for 2025. The company plans to continue the performance program measures to increase profitability and increase agility to market changes. Loud ORF.at The long-term goal of meeting the need for environmentally friendly fibers remains high. The Lenzing Group is determined to further expand its market leadership through sustainable and innovative products.