EQS-Adhoc: Lenzing AG: Lenzing AG: Strategic review for Indonesian production site initiated, impairment requirement affects EBIT; cost savings including staff reduction; EBITDA guidance 2025 confirmed

EQS-Ad-hoc: Lenzing AG / Key word(s): Strategic Company Decision
   Lenzing AG: Lenzing AG: Strategic review for Indonesian production site
   initiated, impairment requirement affects EBIT; cost savings including
   staff reduction; EBITDA guidance 2025 confirmed

   29-Sep-2025 / 12:03 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS
   Group.
   The issuer is solely responsible for the content of this announcement.

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   Lenzing AG: Strategic review for Indonesian production site initiated,
   impairment requirement affects EBIT; cost savings including staff
   reduction; EBITDA guidance 2025 confirmed

    

   Lenzing, September 29, 2025 – The Management Board decided to start a
   review of strategic options including a potential sale for the Indonesian
   production site, which supports Lenzing’s strategic focus on branded
   high-performance fibers with higher margins. Accordingly, Lenzing AG
   expects to recognize impairment losses of the non-current assets,
   especially property, plant and equipment of up to EUR 100 mn in 2025. This
   non-cash charge impairment has a negative impact on consolidated EBIT and
   consolidated net income but no impact on Lenzing’s EBITDA.

    

   In order to strengthen operational efficiency, Lenzing plans to reduce the
   costs with a series of efficiency measures. This includes a reduction in
   headcount in the Lenzing-based headquarter. Jobs particularly in the
   administrative area will be reduced by approximately 300 employees,
   thereof 250 until the end of 2025. This is expected to result in annual
   savings of over EUR 25 mn from financial year 2026 onwards. At the same
   time, the company will strengthen its presence in Asia and North America
   to move closer to its customers in key markets. With this additional
   effect, total savings will ramp up to more than EUR 45 mn fully effective
   before the end of 2027.

    

   To strengthen competitiveness and lasting site profitability in Austria,
   an investment package has also been put together for the Lenzing and
   Heiligenkreuz sites. The Management Board intends to invest more than EUR
   100 mn in both sites until the end of 2027.

    

   The Management Board of Lenzing confirms the “above previous year” EBITDA
   guidance for the financial year 2025. Based on the refined strategy and
   defined measures, Lenzing’s management targets an EBITDA of around EUR 550
   mn for 2027, subject to unchanged market conditions and geopolitical
   stability.

    

   Your contact for
   Media Relations:

   Phone   +43 7672 701 2743
   E-mail    [1]media@lenzing.com
   Web       [2]www.lenzing.com

   End of Inside Information

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   29-Sep-2025 CET/CEST News transmitted by EQS Group. www.eqs.com

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   Language:    English
   Company:     Lenzing AG
                4860 Lenzing
                Austria
   Phone:       +43 7672-701-0
   Fax:         +43 7672-96301
   E-mail:      office@lenzing.com
   Internet:    www.lenzing.com
   ISIN:        AT0000644505
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 2205132


    
   End of Announcement EQS News Service


   2205132  29-Sep-2025 CET/CEST

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References

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