'Encouraging' quarter for Lenzing but challenges remain
Lenzing has reported revenues of €615.7 million for the first quarter of this year, a decline of 10% compared with the same period last year, mainly attributable to lower fibre sales volumes and prices as well as lower pulp prices.
The reduced fibre sales volumes also reflect deliberate production management, including the temporary curtailment of less profitable production lines.
Raw material, energy and logistics costs remained elevated, but were partially mitigated by internal savings and efficiency measures.
However, the group achieved a positive net result of €24 million, following three negative quarters in 2025. Earnings amounted to €116.3 million.
Mathias Breuer, chief financial officer, said: “The significant improvement in free cash flow is particularly encouraging and demonstrates that our measures are taking effect. At the same time, the market environment remains highly volatile. We are therefore continuing our transformation with strong discipline to structurally strengthen Lenzing’s profitability and resilience.”
The group added that its purchase of TreeToTextile in February underscores its ambition to advance its premiumisation strategy and strengthen its position for next-generation specialty fibres.
Photo credit: Dronework Austria / Robert Pichler
