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 2023 Lenzing AG Earnings Call Transcript

Mar 15, 2024 / 02:00PM GMT

Release Date Price: $29.22 (-12.17%)

Transcript

Operator

Ladies and gentlemen, welcome to the Lenzing AG analyst conference call and live webcast. The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.

At this time, it's my pleasure to hand over to Stephan Sielaff, CEO. Please go ahead, sir.

Stephan Sielaff

Lenzing AG - CEO

Thank you very much also from our side, a very warm welcome to the presentation of Lenzing 2023 annual results. With me today it's Nico Reiner, our CFO; and Christian Skilich, our Chief Pulp and Technology Officer.

Let's go through our agenda for today. We will start with the executive summary, followed by a market update by Christian Skilich and myself. Nico Reiner will guide you through the financials afterwards, and I will share an update on our holistic performance program talk about some of the highlights in 2023 as well as the outlook. We will end as always with the Q&A.

Let's start with an overview of the key developments. The recovery expected for the second half of 2023 in the markets

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