LENZING AG 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: d.winkelmeier@lenzing.com
end of announcementeuro adhoc
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issuer: | Lenzing AG | |
A-4860 Lenzing | ||
phone: | +43 | 7672-701-0 |
FAX: | +43 | 7672-96301 |
mail: | office@lenzing.com |
- http://www.lenzing.com
ISIN: AT0000644505
indexes: ATX, WBI
stockmarkets: Wien
language: English
Aussendung übermittelt durch euro adhoc
The European Investor Relations Service
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Lenzing AG published this content on 21 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 April 2021 17:15:08 UTC.
