16. Earnings per share
Earnings per share are calculated as follows:
|
2024 |
2023 |
|---|---|---|
Net profit/loss after tax attributable to shareholders of Lenzing AG used in the calculation of earnings per share |
(156,601) |
(649,445) |
Weighted average number of shares |
38,618,180 |
32,435,304 |
|
|
|
|
|
|
|
EUR |
EUR |
Diluted = basic |
(4.06) |
(20.02) |
Earnings per share are calculated by dividing the share of net (after tax) income/loss for the year attributable to shareholders of Lenzing AG, reduced by the share of hybrid capital holders amounting to EUR 28,750 thousand (2023: EUR 28,750 thousand), by the weighted average number of shares outstanding during the year.