Lenzing launches EUR 300 million capital increase as Lenzing stock costs EUR 12.77

Published on 10/07/2026 at 14:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lenzing plans 34,756,362 new shares at EUR 8.65. Lenzing stock costs EUR 12.77 on October 7, 2026 after EUR 12.85, minus 0.62 percent.

Lenzing, AT0000644505, Illustration mit AI erstellt.

Lenzing stock was trading at EUR 12.77 at Lang & Schwarz on October 7, 2026 at 2:35 p.m. CEST, down 0.62 percent from the prior close of EUR 12.85. The company launched a fully underwritten capital increase targeting EUR 300 million in gross proceeds, according to FT.com on October 1, 2026.

Capital increase sets the terms

The transaction provides for 34,756,362 new shares at a subscription price of EUR 8.65 per share. Existing shareholders may subscribe for nine new shares for every 10 shares held, with the subscription period scheduled from October 6 through October 20, 2026.

The new shares are expected to begin trading under ISIN AT0000644505 on the Prime Market segment of the Vienna Stock Exchange on October 23, 2026. The offering is intended to strengthen Lenzing's capital structure and support its Grow Nonwovens, Reset Textiles strategy.

Improved profit meets weaker sales

Lenzing's first-half 2026 results show a mixed operating picture. According to Finanztrends, net income rose to EUR 35.6 million from EUR 15.2 million in the first half of 2025, an increase of 134.21 percent based on the reported figures.

Revenue reached EUR 1.27 billion in the first half of 2026, down from EUR 1.34 billion in the prior-year period, while EBITDA reached EUR 239.2 million. The comparison matters because the profit improvement arrived alongside lower revenue, leaving the capital increase as a central test of whether the strategic reset can translate into durable operating growth.

Next results bring another test

The next scheduled reporting point is October 29, 2026, when Lenzing is due to publish results for the first three quarters of 2026, according to Aktien Portal. That date will give investors a first opportunity to assess the effect of the restructuring measures while the rights offering is still shaping the share count.

Share price remains under pressure

Lenzing was trading at EUR 12.77 at Lang & Schwarz on October 7, 2026 at 2:35 p.m. CEST, minus 0.62 percent versus the prior close of EUR 12.85. The primary listing is on the Vienna Stock Exchange, where Lenzing is included in the ATX. The further course of trading is shown by the continuously updated real-time quote of Lenzing stock.