Analyst Research

The following analysts cover Lenzing AG:

Analyst Consensus
mill. EUR
20121 20131 20142
Sales 2,129 2,315 2,499
EBITDA 439 513 567
EBITDA margin in % 20.6 22.1 22.7
EBIT 320 372 409
EBIT margin in % 15.0 16.5 16.4
AnalystRecommen-
dation
Targeted
share price
Last update
Morgan Stanley Research Europe
Peter J. Mackey
Phone: +44 (0) 20 7245-4657
peter.mackey@morganstanley.com
BuyEUR 110.00March 22, 2012
Deutsche Bank
Matthias Pfeifenberger
Phone: +43 (0) 1 531 81-153
matthias.pfeifenberger@db.com
BuyEUR 110.00March 22, 2012
Raiffeisen Centrobank AG, Wien
Mag. Bernhard Selinger
Phone: +43 (0) 1 51520-168
selinger@rcb.at
BuyEUR 95.00April 2, 2012
ERSTE Group, Wien
Gerald Walek
Phone: +43 (0) 50 100 16360
Gerald.walek@erstegroup.com
BuyEUR 112.50March 9, 2012 
2012 Bank of America Merrill Lynch
Fabio Lopes
Phone: +44 (0) 20 7 99 69 108
fabio.lopes@baml.com
Underperfom/
Sell
EUR 65.00April 10, 2012
Kepler Capital Markets
Stephan Trubrich
Tel.: +43 (0) 1 537 12 4149
stephan.trubrich@keplercm.com
BuyEUR 106.00April 12, 2012

1) Covered by 6 analysts
2) Covered by 5 analysts

News

Thursday, 10. May 2012

Lenzing Group: Good results in line with expectations in the first quarter of 2012

New record fiber shipment volumes

Weaker prices – Earnings below the prior-year quarter

Unchanged outlook for 2012

Thursday, 03. May 2012

The “Long Night of R&D” at Lenzing AG

More than 90 visitors were given a comprehensive overview into the world of Lenzing fibers