Lenzing Group revenues rose by 5.7 percent year-on-year to €658.4 million in the first quarter of 2024, which it attributed to higher fibre sales volumes. Earnings before interest, tax, depreciation and amortization (EBITDA) more than doubled to €71.4 million in the reporting period compared
Manufacturer of regenerated cellulose fibres Lenzing has achieved outstanding results in the Higg Facility Social & Labor Module (FSLM) certification for five of its production sites. In 2023, more than 7,200 companies worldwide underwent this audit, with Lenzing’s result placing it in the top 25 percent of all verified Higg FSLM facilities. “This involved
Cellulose fibre producer Lenzing has updated its climate targets to align with the goals of the Paris Agreement to limit the human-induced global temperature increase to 1.5 degrees celsius. The Science Based Targets Initiative (SBTi), the most respected organization in the field of climate-related target setting, has reviewed and confirmed this target improvement. “This