Lenzing AG (OTCPK:LNZNF)
$ 29.52 0 (0%) Market Cap: 1.15 Bil Enterprise Value: 3.06 Bil PE Ratio: 0 PB Ratio: 0.90 GF Score: 68/100

Full Year 2021 Lenzing AG Earnings Call Transcript

Mar 10, 2022 / 02:00PM GMT
Release Date Price: $103
Operator

Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining Lenzing's Group Analyst Call. (Operator Instructions)

Your hosts today are Cord Prinzhorn, Thomas Obendrauf, Robert van de Kerkhof, Stephan Sielaff and Christian Skilich.

I would now like to turn the conference over to Cord Prinzhorn, CEO of Lenzing.

Thomas Cord Prinzhorn
Lenzing Aktiengesellschaft - CEO & Member of Managing Board

Thank you very much, and welcome to our investor call. We are pleased to have you online or via voice connected with us. As you can see, we're presenting our investor presentation for the year 2021 under the title of Linear to Circular, a topic which has been constantly driving us the last few years. And so we put it on the top line for what we are talking about today also.

Let me jump into the first topic of recent events. We have had our Supervisory Board meeting yesterday, in which we also then announced some management changes. We are happy and proud to announce that Stephan Sielaff will be taking over as CEO as of

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