EQS-Ad-hoc: Lenzing AG / Key word(s): Forecast
19-Dec-2022 / 16:42 CET/CEST
Lenzing The Lenzing Group, the worlds leading supplier of specialty fibers for the textile and nonwovens industries, is adjusting its earnings forecast for the 2022 financial year due to one-off effects related to the accelerated savings program as well as currency effects and a further deterioration of the market environment. Lenzing expects its earnings before interest, tax, depreciation and amortization (EBITDA) to be around EUR 250 mn, which is below market expectations.
19-Dec-2022 CET/CEST News transmitted by EQS Group AG. www.eqs.com
|Listed:||Vienna Stock Exchange (Official Market)|
|EQS News ID:||1516855|
|End of Announcement||EQS News Service|
1516855 19-Dec-2022 CET/CEST