Lenzing Aktiengesellschaft reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 623.1 million compared to EUR 615 million a year ago. Net loss was EUR 80.5 million compared to net income of EUR 23 million a year ago.

Basic loss per share from continuing operations was EUR 3.03 compared to basic earnings per share from continuing operations of EUR 0.87 a year ago.