The Austrian fiber producer Lenzing AG was able to achieve sales plus in the first half of the 2025 financial year and returned to the profit zone thanks to successful reforms.
Most recently, however, the company felt the increasingly difficult framework. “In the second quarter, however, international customs measures and the resulting uncertainty led to noticeable loads along the textile value chain and braked the recovery of the Lenzing Group,” says an interim report published on Thursday.
Successful reforms and positive special effects inspire the result
In the months of January to June, the group sales were around 1.34 billion euros. This corresponded to an increase of 2.3 percent compared to the same period last year. The result before interest, taxes and depreciation (EBITDA) even increased by 63.3 percent to EUR 268.6 million.
The company explained that the result development “significantly benefited from the positive effects of the performance program”, the company said. In addition, “positive special effects from the sale of excess EU emission certificates of 30.6 million euros and the assessment of biological assets of 12.5 million euros” were booked.
The bottom line was that a net profit of EUR 15.2 million, after Lenzing had to accept a loss of 65.4 million euros in the first half of the previous year.
Despite uncertainties: Management confirms its result forecast
CEO Rohit Aggarwal was satisfied with the recent development of the group, but warned of the further existing overall economic imponderables. “Lenzing made further progress in the first half of 2025 on the way of the operational recovery. Our performance program clearly contributes to improvement in results,” he said in a statement. “At the same time, in the second quarter we see noticeable effects of the increasing uncertainties in international trade – in particular through aggressive customs policy. These developments not only influence our visibility, but also our result. The more determined we continue our measures to secure the turnaround sustainably and further strengthen our margins.”
Despite the current risks, the group held on to its annual forecast. The management therefore continues to expect a “higher EBITDA compared to the previous year” for 2025.