Andritz reports favorable 2014 business year

The company has announced that it has improved all financial key figures compared to the previous year.

Sales amounted to 5,859.3 million euros and were thus 2.6% higher than in the previous year (2013: 5,710.8 MEUR). At 379.5 million euros, the EBITA was well above the very low level of the previous year, which was impacted negatively by additional costs in the pulp & paper and seperation business areas (+131.3% versus 2013: 164.1). The EBITA margin also increased substantially to 6.5% (2013: 2.9%). The net income increased to 210.0 million euros (2013: 53.2).

Wolfgang Leitner, President and CEO of Andritz AG, on the outlook for the 2015 business year: “From today’s perspective, no substantial change is expected in project activity in the markets served by Andritz compared to the satisfactory level of 2014. The market environment is still challenging, which is why we will continue with our measures to further enhance competitiveness and profitability this year.”

On the basis of these expectations and the order backlog at the end of 2014, Andritz expects a slight sales increase in 2015 as well as an improvement in net income compared to 2014.


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