Lenzing Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

Lenzing (VIE:LNZ) Full Year 2024 Results

Key Financial Results

• Revenue: €2.66b (up 5.7% from FY 2023).
• Net loss: €156.6m (loss narrowed by 76% from FY 2023).
• €4.06 loss per share (improved from €20.02 loss in FY 2023).

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 1.2%. Earnings per share (EPS) missed analyst estimates by 16%.

The primary driver behind last 12 months revenue was the Fiber segment contributing a total revenue of €2.03b (76% of total revenue). Notably, cost of sales worth €1.72b amounted to 65% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling €671.4m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how LNZ's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Chemicals industry in Europe.

Performance of the market in Austria.

The company's shares are up 19% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Lenzing that you need to be mindful of.

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