Q3 2020 Lenzing AG Earnings Call Transcript
Ladies and gentlemen, thank you for standing by. I'm Haley, your Chorus Call operator. Welcome, and thank you for joining Lenzing Group's Q3 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.
Good morning, everybody. Stefan Doboczky. Thank you very much for joining us for the third quarter results call today.
From 3 months back, we were reflecting on second quarter. And at that time, we said second quarter likely was the trough of the year with the pandemic in, let's say, full swing and impacting us. And indeed, I think third quarter was significantly better. Revenue up some good EUR 40 million versus the same quarter before, EBITDA up some good 50% versus the quarter before. Now we stand at EUR 1.195 billion year-to-date on revenue and EUR 140 million year-to-date on EBITDA. Overall, strong improvement
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