Lenzing Aktiengesellschaft reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 627.1 million compared to EUR 678.6 million a year ago. Net loss was EUR 23.7 million compared to net income of EUR 39.7 million a year ago. Basic loss per share from continuing operations was EUR 0.89 compared to basic earnings per share from continuing operations of EUR 1.49 a year ago.
For the six months, sales was EUR 1,250.2 million compared to EUR 1,293.6 million a year ago. Net loss was EUR 104.2 million compared to net income of EUR 62.7 million a year ago. Basic loss per share from continuing operations was EUR 3.92 compared to basic earnings per share from continuing operations of EUR 2.36 a year ago.