lenzing.com

Consolidated Income Statement

for the period from January 1 to December 31, 2023

 
EUR '000

 

Note

2023

2022

Revenue

(5)

2,521,167

2,565,692

Cost of sales

(6)

(2,597,638)

(2,162,561)

Gross profit

 

(76,471)

403,131

 

 

 

 

Other operating income

(7)

108,653

73,096

Selling expenses

(6)

(274,874)

(286,747)

Administrative expenses

(6)

(144,678)

(137,164)

Research and development expenses

(6)

(69,076)

(29,214)

Other operating expenses

(7)

(19,982)

(6,649)

Earnings before interest and tax (EBIT)1

 

(476,428)

16,453

 

 

 

 

Income from investments accounted for using the equity method

(12)

6,728

(222)

Income from non-current and current financial assets and liabilities

(13)

(7,498)

10,208

Financing costs

(14)

(108,432)

(36,498)

Financial result

 

(109,202)

(26,512)

 

 

 

 

Earnings before tax (EBT)

 

(585,630)

(10,059)

 

 

 

 

Income tax expense

(15)

(7,322)

(27,182)

Net profit/loss after tax

 

(592,953)

(37,241)

 

 

 

 

Attributable to:

 

 

 

Shareholders of Lenzing AG

 

(649,445)

(73,086)

Non-controlling interests

 

27,742

7,095

Share planned for hybrid capital owners

(16)

28,750

28,750

 

 

 

 

Earnings per share

 

EUR

EUR

Diluted = basic

(16)

(20.02)

(2.75)

1)

EBIT: Operating result, resp. earnings before interest and tax.

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