Lenzing Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Lenzing (VIE:LNZ) Full Year 2023 Results

Key Financial Results

• Revenue: €2.52b (down 1.7% from FY 2022).
• Net loss: €649.4m (loss widened by €576.4m from FY 2022).
• €20.02 loss per share (further deteriorated from €2.75 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lenzing Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 79%.

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Chemicals industry in Europe.

Performance of the market in Austria.

The company's shares are down 12% from a week ago.

Risk Analysis

You should learn about the 3 warning signs we've spotted with Lenzing (including 2 which are a bit unpleasant).

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