Lenzing AG
F:LEN
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Lenzing AG
F:LEN
|
AT |
|
V
|
Vita 34 AG
DUS:V3V
|
DE |
|
Delta Electronics Thailand PCL
SET:DELTA
|
TH |
|
G
|
Guangdong Investment Ltd
F:GUG
|
HK |
|
A
|
Air Products and Chemicals Inc
SWB:AP3
|
US |
|
D
|
Duerr AG
XHAM:DUE
|
DE |
|
M
|
Mondelez International Inc
BMV:MDLZ
|
US |
|
A
|
AcadeMedia AB
F:V8T
|
SE |
Lenzing AG
Lenzing AG makes wood-based specialty fibers that are used to turn raw cellulose into textiles and nonwoven materials. Its best-known products include viscose, modal, lyocell, and branded fibers such as TENCEL and LENZING. These materials end up in clothing, home textiles, hygiene products, and industrial applications, where customers want fibers that feel like natural materials but can be processed like industrial inputs. The company sells mainly to textile mills, fabric makers, apparel brands, and manufacturers of nonwoven products. It also sells cellulose pulp, which is the raw material used to make its fibers. Lenzing makes money by supplying these intermediate materials to customers who need consistent quality, traceability, and specific performance traits such as softness, strength, and moisture handling. What makes Lenzing different is that it sits in the middle of the textile value chain as a specialty material supplier, not a finished-clothing brand. Its business depends on converting wood into standardized fiber materials that other companies spin, weave, and sew into finished goods. That gives it a role similar to a key upstream ingredient maker for the global textile and hygiene industries.
Lenzing AG makes wood-based specialty fibers that are used to turn raw cellulose into textiles and nonwoven materials. Its best-known products include viscose, modal, lyocell, and branded fibers such as TENCEL and LENZING. These materials end up in clothing, home textiles, hygiene products, and industrial applications, where customers want fibers that feel like natural materials but can be processed like industrial inputs.
The company sells mainly to textile mills, fabric makers, apparel brands, and manufacturers of nonwoven products. It also sells cellulose pulp, which is the raw material used to make its fibers. Lenzing makes money by supplying these intermediate materials to customers who need consistent quality, traceability, and specific performance traits such as softness, strength, and moisture handling.
What makes Lenzing different is that it sits in the middle of the textile value chain as a specialty material supplier, not a finished-clothing brand. Its business depends on converting wood into standardized fiber materials that other companies spin, weave, and sew into finished goods. That gives it a role similar to a key upstream ingredient maker for the global textile and hygiene industries.
Revenue: Lenzing reported first-quarter revenue of EUR 616 million, down 11% year over year and slightly below the fourth quarter, reflecting weaker fiber volumes and a still difficult market backdrop.
Profitability: EBITDA rose sharply to EUR 116 million, with a 19% margin, helped by pricing, cost savings, CO2 certificate sales, asset valuation gains, and the first consolidation of TreeToTextile.
Cash: Unlevered free cash flow was very strong at EUR 66 million, supported by disciplined capital spending and working capital reduction.
Outlook: Management did not give 2026 guidance, citing low visibility and high uncertainty, but said pricing, cost excellence, working capital control, and cash remain the priorities.
Cost pressure: The company warned that Middle East-related disruptions are pushing up energy, chemical, logistics, and wood costs from the second quarter onward, and it is trying to offset this with tighter pricing and supply actions.
Demand: Demand stabilized in fiber, with some early restocking in March, while nonwoven markets remained more resilient and pulp prices improved through the quarter.
