Lenzing Aktiengesellschaft reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was EUR 615.5 million compared to EUR 676.5 million a year ago. Net loss was EUR 44.3 million compared to EUR 5.3 million a year ago. Basic loss per share from continuing operations was EUR 0.97 compared to EUR 0.2 a year ago.
For the nine months, sales was EUR 1,865.8 million compared to EUR 1,970.1 million a year ago. Net loss was EUR 148.5 million compared to net income of EUR 57.3 million a year ago. Basic loss per share from continuing operations was EUR 4.9 compared to basic earnings per share from continuing operations of EUR 2.16 a year ago.