Andritz AG

EANS-News: ANDRITZ GROUP: results for the first quarter of 2015

--------------------------------------------------------------------------------
  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
--------------------------------------------------------------------------------

quarterly report

Graz, May 6, 2015.  International technology Group ANDRITZ recorded a solid 
business development in the first quarter of 2015. The key financial figures 
developed as follows:

- Sales amounted to 1,404.3 million euros (MEUR) and were thus significantly 
  higher than the reference figure for the previous year (+15.2% versus Q1 2014:
  1,219.5 MEUR). All business areas, particularly PULP & PAPER, recorded a 
  significant increase in sales.

- The order intake, at 1,430.6 MEUR, reached a satisfactory level. However, it 
  was 17.9% below the extraordinary high reference figure of the previous year, 
  which had included large orders in the HYDRO and PULP & PAPER business areas 
  (Q1 2014: 1,742.2 MEUR).

- The order backlog as of March 31, 2015 slightly increased to 7,785.6 MEUR 
  (December 31, 2014: 7,510.6 MEUR).

- The EBITA amounted to 73.4 MEUR (Q1 2014: 48.6 MEUR). Earnings were thus 
  51.0% above the low reference figure of last year, but still failed to reach 
  a satisfactory level, as did the EBITA margin at 5.2% (Q1 2014: 4.0%). 
  This is mainly attributable to temporary exchange rate differences from 
  negative market values from project-related currency hedges that will balance 
  out by the time the orders are completed/paid. Excluding these market values, 
  the EBITA margin of the Group would have amounted to 6.1%. 

- Net income amounted to 44.0 MEUR (+112.6% versus Q1 2014: 20.7 MEUR).

On the basis of the current order backlog, ANDRITZ expects a slight increase 
in sales and net income in 2015 compared to the previous year.

- End -

Key financial figures at a glance


                         Unit       Q1 2015     Q1 2014    +/-        2014
Sales                    MEUR       1,404.3     1,219.5    +15.2%     5,859.3
  HYDRO                  MEUR         407.9       362.8    +12.4%     1,752.3
  PULP & PAPER           MEUR         480.5       399.6    +20.2%     1,969.3
  METALS                 MEUR         377.1       332.8    +13.3%     1,550.4
  SEPARATION             MEUR         138.8       124.3    +11.7%       587.3

Order intake             MEUR       1,430.6     1,742.2    -17.9%     6,101.0
  HYDRO                  MEUR         447.0       523.3    -14.6%     1,816.7
  PULP & PAPER           MEUR         462.4       654.8    -29.4%     1,995.7
  METALS                 MEUR         384.9       420.1     -8.4%     1,692.8
  SEPARATION             MEUR         136.3       144.0     -5.3%       595.8

Order backlog 
(as of end of period)    MEUR       7,785.6     7,734.7     +0.7%     7,510.6

EBITDA                   MEUR          96.1        69.5    +38.3%       472.0
EBITDA margin            %              6.8         5.7       -           8.1
EBITA                    MEUR          73.4        48.6    +51.0%       379.5
EBITA margin             %              5.2         4.0       -           6.5

Earnings Before 
Interest a. Taxes (EBIT) MEUR          61.5        29.0   +112.1%       295.7

Financial result         MEUR           1.1        -1.5   +173.3%         3.7

Earnings Before 
Taxes (EBT)              MEUR          62.6        27.5   +127.6%       299.4

Net income (without
non-controlling 
interests)               MEUR          44.0        20.7   +112.6%       210.9

Cash flow from
operating activities     MEUR          37.2        61.0    -39.0%       342.1

Capital expenditure      MEUR          20.8        17.2    +20.9%       106.5

Employees (as of end
(of period; without 
apprentices)             -           24,855      23,790     +4.5%      24,853
                                                                                


All figures according to IFRS. Due to the utilization of automatic calculation 
programs, differences can arise in the addition of rounded totals and 
percentages. MEUR = million euro. EUR = euro.

Press release for download 
The press release is available for download at the ANDRITZ web site: 
www.andritz.com/news.

The ANDRITZ GROUP
ANDRITZ is a globally leading supplier of plants, equipment, and services 
for hydropower stations, the pulp and paper industry, the metalworking and 
steel industries, and for solid/liquid separation in the municipal and 
industrial sectors. The publicly listed technology Group is headquartered in 
Graz, Austria, and has a staff of almost 25,000 employees. ANDRITZ operates 
over 250 sites worldwide.

Annual and financial reports
The annual reports and financial reports of the ANDRITZ GROUP are available 
as PDF for download at www.andritz.com. Printed copies can be requested 
by e-mail to investors@andritz.com.

Disclaimer
Certain statements contained in this press release constitute "forward-looking 
statements". These statements, which contain the words "believe", "intend", 
"expect", and words of a similar meaning, reflect the Executive Board's 
beliefs and expectations and are subject to risks and uncertainties that may 
cause actual results to differ materially. As a result, readers are cautioned 
not to place undue reliance on such forward-looking statements. 
The company disclaims any obligation to publicly announce the result of any
revisions to the forward-looking statements made herein, except where it would
be required to do so under applicable law.

Further inquiry note:
Dr. Michael Buchbauer
Head of Group Treasury, Corporate Communications & Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement                               euro adhoc 
--------------------------------------------------------------------------------


company:     Andritz AG
             Stattegger Straße 18
             A-8045 Graz
phone:       +43 (0)316 6902-0
FAX:         +43 (0)316 6902-415
mail:     welcome@andritz.com
WWW:      www.andritz.com
sector:      Machine Manufacturing
ISIN:        AT0000730007
indexes:     WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien 
language:   English
 

Original-Content von: Andritz AG, übermittelt durch news aktuell

Weitere Meldungen: Andritz AG

Das könnte Sie auch interessieren: