Lenzing Aktiengesellschaft (LNZNF) Analyst/Investor Day Transcript

Operator

Ladies and gentlemen, welcome to the Lenzing AG Update Call and Live Webcast. I am Atell, the Chorus Call operator. [Operator Instructions] And the conference is being recorded. [Operator Instructions] The conference must not be recorded for publication or broadcast.

At this time, it’s my pleasure to hand over to Rohit Aggarwal, CEO. Please go ahead.

Rohit Aggarwal
CEO & Chairman of Management Board

Welcome, and thank you for joining today’s capital markets update. With me is also Nico Reiner, our CFO. Over the next 30 minutes, we’ll present how Lenzing has refined its strategy to navigate a challenging market while continuing to build on our leadership in innovation and sustainability. We’ll review performance progress, market dynamics and outline the strategic priorities, including the financial guidance that underpin our path to long-term value creation.

On Slide 2, you see the big picture and flow of the contents and the presentation. Since 2023, we have been working hard to secure the future of Lenzing in an environment that has become increasingly challenging. Global textile and nonwoven markets remain under pressure and shifting geopolitical dynamics affect the entire industry. Against this backdrop, we have refined our strategy to ensure Lenzing remains competitive and resilient in the long run. The idea is straightforward. We want to unlock the full potential of Lenzing by focusing on what we do best: premium fibers and innovation, while at the same time, making our structures leaner and the processes more efficient.

The refined strategy rests on premiumization, including customer proximity and operational excellence. Premiumization