Lenzing's first-half results show 'potential of reset'
Despite a challenging market environment in the first half of 2026, the Lenzing Group more than doubled its net profit after tax compared with the same period last year: €35.6 million, compared with €15.2 million.
However, the €1.27 billion in revenues was below the €1.34 billion achieved in the first half 2025. This was primarily due to the deliberate reduction of low-margin fibre volumes, as well as lower revenues from the external pulp business.
The company has also embarked on a strategy to “grow nonwovens, reset textiles”. The plan is to convert production capacities from textile fibers to nonwovens fibers, to expand the existing product portfolio and to develop innovative fibres for nonwovens applications.
In the textiles business, Lenzing is focusing on differentiated premium segments – including Tencel – and strategic customer partnerships.
Mathias Breuer, chief financial officer, said: “The results demonstrate that our sales initiatives and disciplined cost management are delivering results. They confirm both the necessity and the potential of our strategic realignment.”
