Lenzing AG (XTER:LEN)
€ 31.9 0 (0%) Market Cap: 1.17 Bil Enterprise Value: 2.67 Bil PE Ratio: 0 PB Ratio: 0.95 GF Score: 72/100

Full Year 2019 Lenzing AG Earnings Call Transcript

Mar 12, 2020 / 11:00AM GMT
Release Date Price: €41.84 (-7.08%)
Operator

Ladies and gentlemen, thank you for standing by. I'm Stuart, your Chorus Call operator. Welcome, and thank you for joining Lenzing Group's Full Year Investor and Analyst Call. (Operator Instructions) Your hosts today are Stefan Doboczky and Thomas Obendrauf.

I would now like to turn the conference over to Stefan Doboczky, CEO of Lenzing. Please go ahead.

Stefan Doboczky
Lenzing Aktiengesellschaft - Chairman of Management Board, Member of Management Board for Pulp & Wood Raw Materials Div. and CEO

Thank you very much, operator. Warm welcome from my side. Thank you for joining the annual results conference call for analysts and investors. 2019, I think, a year not without challenges, but as we feel, a year in which the performance of the company was strongly impacted by viscose and viscose prices. However, the underlying, I think, strategic directions, operational performance very solid. Thomas will dive into more detail into the numbers later on, I think most of the figures you know from the preliminary figures. On the strategic highlights, we

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