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12.05.2021

SGL Carbon: Solid Development in the first quarter of 2021

  • Group sales in the first quarter 2021 of €241.5 million, down 2% below prior year (currency adjusted on prior year level)
  • Expected positive impact from a contract termination with a customer of reporting segment Graphite Solutions contributes around €9 million to sales and earnings
  • Transformation program proceeds according to plan in all areas
  • EBITDA pre of €33.0 million significantly higher year-on-year (Q1/2020 €29.0 million), EBIT increases to €17.0 million (Q1/2020 €6.4 million)
  • Positive net result at €6.1 million (Q1/2020 minus €4.3 million)
  • Liquidity at €168.6 million also developed positively (year-end 2020 €141.8 million)
  • Net financial debt decreases by 5% to €271.5 million (year-end 2020 €286.5 million)
  • Equity ratio increases to 20.4% (Year-end 2020 17.5%)
  • Outlook for fiscal year 2021 fully confirmed

See attached document for more information.

  • Group sales in the first quarter 2021 of €241.5 million, down 2% below prior year (currency adjusted on prior year level)
  • Expected positive impact from a contract termination with a customer of reporting segment Graphite Solutions contributes around €9 million to sales and earnings
  • Transformation program proceeds according to plan in all areas
  • EBITDA pre of €33.0 million significantly higher year-on-year (Q1/2020 €29.0 million), EBIT increases to €17.0 million (Q1/2020 €6.4 million)
  • Positive net result at €6.1 million (Q1/2020 minus €4.3 million)
  • Liquidity at €168.6 million also developed positively (year-end 2020 €141.8 million)
  • Net financial debt decreases by 5% to €271.5 million (year-end 2020 €286.5 million)
  • Equity ratio increases to 20.4% (Year-end 2020 17.5%)
  • Outlook for fiscal year 2021 fully confirmed

See attached document for more information.

More information:
SGL Carbon sales Automotive
Source:

SGL CARBON SE

05.05.2021

Lenzing Group with an excellent start into 2021

Lenzing – The Lenzing Group had a clearly positive revenue and earnings development in the first quarter of 2021. Growing optimism in the textile and apparel industry as a result of the vaccination progress and the continuing recovery in retail led to a significant increase in demand and higher prices in the global fiber market.

•    Significant increase in operating result: EBITDA at EUR 94.5 mn, cash flow from operating activities more than tripled
•    Major strategic projects continue fully on track – production start of the lyocell plant in Thailand expected in the fourth quarter 2021
•    Upper Austria’s largest photovoltaic plant at the Lenzing site
•    Lenzing exits Hygiene Austria joint venture
•    Guidance 2021: Lenzing expects operating result at least at pre-crisis level

Please read the attached document for more information.

Lenzing – The Lenzing Group had a clearly positive revenue and earnings development in the first quarter of 2021. Growing optimism in the textile and apparel industry as a result of the vaccination progress and the continuing recovery in retail led to a significant increase in demand and higher prices in the global fiber market.

•    Significant increase in operating result: EBITDA at EUR 94.5 mn, cash flow from operating activities more than tripled
•    Major strategic projects continue fully on track – production start of the lyocell plant in Thailand expected in the fourth quarter 2021
•    Upper Austria’s largest photovoltaic plant at the Lenzing site
•    Lenzing exits Hygiene Austria joint venture
•    Guidance 2021: Lenzing expects operating result at least at pre-crisis level

Please read the attached document for more information.

Source:

Lenzing Aktiengesellschaft