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.

══════════════════════════════════════════════════════════════════════════

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

══════════════════════════════════════════════════════════════════════════

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

══════════════════════════════════════════════════════════════════════════

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

https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2205132&application_name=news&site_id=apa_ots_austria~~

References

~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS. www.ots.at
© Copyright APA-OTS Originaltext-Service GmbH und der jeweilige Aussender