Lenzing Group Re-elects Supervisory Board, Approves 2025 Financials

At its 82nd Annual General Meeting on April 23, 2026, the Lenzing Group, a global leader in sustainable fiber production, granted formal discharge to its Managing and Supervisory Boards for the 2025 financial year. The meeting, held in Lenzing, Austria, also saw the re-election of Dr. Astrid Skala-Kuhmann, Mag. Gerhard Schwartz, and Mag. Helmut Bernkopf to the Supervisory Board, ensuring continued stability in corporate governance. Patrick Lackenbucher was re-elected as Chairman, with Carlos de Almeida and Stefan Fida as deputies. The board now comprises ten members elected by shareholders and five delegated by the Works Council, reflecting a balanced governance structure.

The company presented its annual and consolidated financial statements, including the Corporate Governance Report and Supervisory Board Report for 2025. KPMG Austria was appointed as auditor for 2026. Lenzing, known for its TENCEL™, LENZING™ ECOVERO™, VEOCEL™, and REFIBRA™ trademarks, focuses on regenerated cellulose fibers for textiles and nonwovens. With 2025 revenue of EUR 2.60 billion and a capacity of 1,110,000 tonnes, the group is committed to a science-based climate action plan targeting a 50% reduction in Scope 1, 2, and 3 emissions by 2030 and net-zero by 2050. This aligns with the Paris Agreement goals, as detailed in the original release on NEWMEDIAWIRE.

The re-elections and financial approvals underscore Lenzing's strategic continuity amid the global shift toward circular economies. The group's innovative products, like biodegradable fibers for hygiene applications, are pivotal in transforming the textile industry from linear to circular models. Investors and stakeholders can view the full details on www.newmediawire.com.