Lenzing: Suspension of dividend policy for FY...
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Suspension of dividend policy for FY2023

Thursday, March 09, 2023

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(Source: Lenzing AG)
(Source: Lenzing AG)



Assuming a further market recovery in the current financial year, Lenzing expects EBITDA for the 2023 financial year to be €320-420 million.
On this basis, the Managing Board of Lenzing AG, Lenzing/Austria, does not consider the execution of the existing dividend policy of at least €4.50 for the 2023 financial year to be appropriate.
Accordingly, the company is suspending its dividend policy for the 2023 financial year.

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