EQS-Adhoc: Lenzing AG: Lenzing AG suspends dividend policy for financial year 2023

EQS-Ad-hoc: Lenzing AG / Key word(s): Dividend
Lenzing AG: Lenzing AG suspends dividend policy for financial year 2023

08-March-2023 / 10:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the
Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS
Group AG.
The issuer is solely responsible for the content of this announcement.

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Lenzing AG suspends dividend policy for financial year 2023

Lenzing – Lenzing AG expects EBITDA for the 2023 financial year to be in a
range of EUR 320 mn to EUR 420 mn, assuming a further market recovery in
the current financial year.

On this basis, the Managing Board of Lenzing AG does not consider the
execution of the existing dividend policy of at least EUR 4.50 for the
2023 financial year to be appropriate.

Accordingly, Lenzing AG is suspending its dividend policy for the 2023
financial year.

The results of the Lenzing Group for the 2022 financial year will be
published on Thursday, March 09, 2023.

 

Your contact for  
Public Relations: Investor Relations:
   
Dominic Köfner Sébastien Knus
Vice President Corporate Communications & Vice President Capital Markets
Public Affairs Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing,
Werkstraße 2, 4860 Lenzing, Austria Austria
   
Phone   +43 7672 701 2743 Phone     +43 7672 701 3599
E-mail   [1]media@lenzing.com E-mail     [3]s.knus@lenzing.com
Web      [2] www.lenzing.com Web        [4] www.lenzing.com
 

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08-March-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1577399

 
End of Announcement EQS News Service

1577399  08-March-2023 CET/CEST

References

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1. media@lenzing.com
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3. s.knus@lenzing.com
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