Lenzing Aktiengesellschaft reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was EUR 676.5 million compared to EUR 555.2 million a year ago. Net loss was EUR 5.3 million compared to net income of EUR 18.8 million a year ago. Basic loss per share from continuing operations was EUR 0.2 compared to basic earnings per share from continuing operations of EUR 0.71 a year ago.
For the nine months, sales was EUR 1,970.1 million compared to EUR 1,588.5 million a year ago. Net income was EUR 57.3 million compared to EUR 100 million a year ago. Basic earnings per share from continuing operations was EUR 2.16 compared to EUR 3.77 a year ago.