Lenzing shares CEO's Grow Nonwovens Reset Textiles strategy
CEO Georg Kasperkovitz explains the rationale behind the dual focus on nonwovens growth and textile reset.
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Cellulosic fiber and co-product manufacturer
lenzing.comLast updated
In short: Lenzing appointed Georg Kasperkovitz as CEO and returned to profitability in Q1 2026 despite announcing site closures and job cuts.
CEO Georg Kasperkovitz explains the rationale behind the dual focus on nonwovens growth and textile reset.
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.
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