06.11.2018, 1181 Zeichen

Andritz: Andritz, an international supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metal working and steel industries, increased sales in the first three quarters of 2018 by 1.4% to Euro 4,200.8 mn. In the first three quarters of 2018, the EBITA amounted to Euro 252.2 mn and was thus 17.6% below the previous year’s reference figure, which included a positive extraordinary effect in the amount of approximately 25 mn,resulting largely from sale of the Schuler Technical Center in China, the company stated. In the first three quarters of 2018, the net income amounted to Euro 157.0 Euro mn (Q1-Q3 2017: Euro 189.8 mn). CEO Wolfgang Leitner: “We succeeded in booking an aggregated order intake of over Euros 6.2 bn in the past four quarters and thus have a solid order backlog for the coming business year. Integration of the companies we acquired this year – in particular, Xerium Technologies – and selective cost adjustment measures in some business areas will be the main focus in the coming months.”
Andritz: weekly performance: -7.39%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (06/11/2018)

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