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9. Personnel expenses

The following table shows the composition of personnel expenses:

Personnel expenses
EUR '000

 

2025

2024

Wages and salaries

364,343

422,317

Expenses for severance payments and gratuity

14,775

3,152

Retirement benefit expenses

9,434

10,072

Statutory social security expenses

96,760

100,208

Other employee-related costs

9,976

10,300

Total

495,289

546,049

The expenses for severance payments mainly include those for the statutory obligations of Lenzing AG and its Austrian subsidiaries towards their employees, as well as voluntary termination payments and severance payments recognized as part of restructuring provisions (see note 30).

The number of employees in the Lenzing Group is as follows:

Number of employees (Full-time equivalents)

 

2025

2024

Average

7,707

7,8261

As at 31/12

7,738

7,816

1

The previous year’s comparative figure was adjusted due to a data correction.

The following table shows the number of employees in Lenzing AG and the Austrian subsidiaries of the Lenzing Group:

Average number of employees in Austria (Full-time equivalents)

 

2025

2024

Hourly workers

1,761

1,749

Salaried employees

1,260

1,340

Total

3,020

3,089

Related Links

Consolidated Income Statement

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Consolidated Income Statement

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