Lenzing appoints Georg Kasperkovitz as CEO
He will take over as CEO on June 1, 2026, with a mandate until May 31, 2029.
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Cellulosic fiber and co-product manufacturer
lenzing.comLast updated
In short: Lenzing returned to profitability in Q1 2026 with a net gain of $24 million and appointed Georg Kasperkovitz as CEO to lead its ongoing recovery.
He will take over as CEO on June 1, 2026, with a mandate until May 31, 2029.
The post highlights key figures and developments shaping the group's performance. Full details are in the press release.
Net result reaches EUR 24 mn with free cash flow rising to EUR 33.8 mn despite revenue decline. EBITDA stands at EUR 116.3 mn amid challenging markets.
This recognizes its sustainability commitment and climate action in supply chains. It builds on Lenzing's fourth triple A rating in Climate Change, Forests, and Water Security.
Lenzing stock rises 21 percent after CEO change and positive analyst opinion. New focus on high-margin segments and EU regulation as tailwind.
Lenzing benefits from EU regulations against throwaway fashion and reports positive quarterly result. The stock is approaching its yearly high.
Anyone who looked at Lenzing's price list in the last few days rubbed their eyes in amazement. The stock shot up in just seven days by...
Lenzing surprises with black figures after a series of losses, but the board remains without a concrete outlook for 2026.
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