Lenzing Posts Strong H1 2025 Results, Strengthens Financial Positio

Lenzing Group delivered impressive performance in the first half of 2025, pushing revenue to EUR 1.34 billion—a 2.3% increase year-on-year—and boosting EBITDA by 63.3% to EUR 268.6 million, raising its margin to 20%.

The firm swung to a positive EBIT of EUR 109 million and earnings before tax of EUR 22.1 million, up from a loss in H1 2024. Net profit after tax reached EUR 15.2 million, a dramatic turnaround from the prior period’s EUR 65.4 million loss.

While industry-wide tariff uncertainty slowed momentum and squeezed textile value chains, Lenzing’s ongoing performance program and one-off gains—including the sale of surplus EU emissions allowances—helped it navigate choppy waters.

On the financial front, the company secured a EUR 545 million syndicated loan in May and issued a EUR 500 million hybrid bond, boosting liquidity and capital resilience through to 2027. It also reported a positive free cash flow of EUR 43.1 million and increased liquid assets to EUR 754 million.

Lenzing named Georg Kasperkovitz as its new COO, entrusting him with fibre production and efficiency improvements. The company also reaffirmed its target of over EUR 180 million annual cost savings in 2025, up from a 2024 benchmark of EUR 130 million.

CEO Rohit Aggarwal highlighted the ongoing recovery while cautioning that tariff volatility and weak demand visibility remain risks. He reaffirmed the company’s confidence in delivering year-on-year EBITDA growth for the full year.