Lenzing Reports Strong H1 Growth Despite Tariff Pressures
Revenue at EUR 1.34 bln, EBITDA Soars 63% to EUR 268.6 mln
The Lenzing Group, a leading global producer of regenerated cellulosic fibers, posted robust financial results for the first half of 2025, driven by its performance improvement program and operational efficiencies. Revenue rose to EUR 1.34 billion, while EBITDA surged 63.3% to EUR 268.6 million. Net earnings turned positive at EUR 15.2 million, compared to a loss of EUR 65.4 million in the same period last year.
However, global trade tensions and new tariff measures in the second quarter dampened momentum across the textile value chain, slowing the pace of recovery.
“Lenzing made further progress on its path to operational recovery in the first half of 2025. Our performance program is making a clear contribution to earnings improvement. At the same time, we are seeing tangible effects from the growing uncertainties in international trade in the second quarter – particularly as a consequence of the aggressive tariffs policy. These developments not only affect our visibility, but also our earnings. For this reason, we are all the more determined to continue our measures to secure our turnaround in the long term and further strengthen our margins,” said Rohit Aggarwal, CEO, Lenzing Group.
The company’s EBITDA margin improved to 20%, up from 12.5%, supported by exceptional gains including EUR 30.6 million from surplus EU emission allowances and EUR 12.5 million from biological asset revaluation. EBIT jumped to EUR 109 million from EUR 18.9 million a year earlier.
Lenzing continues to implement its cost-saving initiatives aggressively, with over EUR 130 million in savings achieved in 2024. The company now targets more than EUR 180 million in savings for 2025 through structural efficiency gains, particularly in production and overhead functions.
To further strengthen liquidity, Lenzing secured a EUR 545 million syndicated loan and successfully placed a EUR 500 million hybrid bond, extending financing through 2027. Liquid assets rose to EUR 754 million, up 66.9% from the end of 2024.
Looking ahead, Lenzing maintains its guidance for higher EBITDA in 2025, despite ongoing trade tensions and macroeconomic uncertainty. The company continues to focus on growth in specialty fibers and sustainability-driven solutions across the textile, hygiene, and medical sectors.
