Lenzing AG
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Georg Kasperkovitz
- Full Time Employees
- 7,738
- Sector
- Basic Materials
- Industry
- Manufacturing - Textiles
- Address
- Werkstrasse 2 Lenzing OB Austria 4860
- IPO Date
- Feb 1, 2012
- Website
- lenzing.com
- Similar Companies
- Business
- Lenzing AG is a leading global producer of sustainable regenerated cellulosic fibers headquartered in Lenzing, Austria. The company manufactures wood-based viscose fibers, modal fibers, lyocell fibers, and filament yarn under its primary brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. These fibers serve diverse applications in the textile industry—including clothing, home textiles, and technical textiles—as well as the nonwoven industry, with a product portfolio that also includes dissolving pulp for fiber production. Lenzing operates global production sites, with key markets in Asia, Europe, and the Americas. The company was founded in 1890 and also engages in mechanical and plant engineering activities. Recently, Lenzing has pursued strategic growth through a partnership with Suzano, the world's largest pulp producer, which acquired a 15 percent stake in Lenzing from the B&C Group in 2024. This alliance is designed to enhance Lenzing's competitive position and expand its global presence by leveraging Suzano’s expertise in pulp production and market reach. Lenzing has also launched a new digital supply chain platform, Lenzing Pro, aimed at streamlining certification, branding processes, and providing technical fiber information to textile and nonwoven partners. Additionally, the company invested approximately €15 million to expand its production capacity for premium viscose fibers, reinforcing its focus on innovative, sustainable fiber solutions. Lenzing maintains its headquarters, production facilities, and R&D activities in Austria, underscoring a stable operational base amid its international growth initiatives. Lenzing’s core business segments include fiber production, pulp production, and educational services through its subsidiary BZL-Bildungszentrum Lenzing GmbH. The company’s geographic revenue distribution primarily covers Asia (around 59%), Europe (28%), and the Americas (9%). Core products fuel markets such as apparel manufacturers, home textile producers, hygiene product companies, and technical nonwoven fabric users, positioning Lenzing as a vital supplier of responsible cellulosic fibers in the global textile and nonwoven industries. The company’s strategy emphasizes sustainability, innovation, and digital transformation to support its customers and partners in evolving textile markets, reflected by ongoing investments, partnership developments, and digital platform launches. Lenzing AG continues to expand its influence as a premium supplier of eco-conscious fibers with broad application across the textile and nonwoven value chain.
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Suzano completes purchase of 15% stake in Lenzing AG
Lenzing Aktiengesellschaft (LNZNF) Q1 2024 Earnings Call Transcript
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