Andritz Group with all-time high sales

The company announced a sales increase by 8.8%, reaching an all-time high of 6,377.2 million Euro. All four business areas noted an increase in sales.

According to the company, the net income increased to 267.7 million Euro, compared to 210.9 million in 2014.

From today’s perspective, ANDRITZ anticipates continued uncertainty in its main markets and largely un-changed project activity in all four business areas, and expects business development to continue on a satisfactory level in the 2016 business year. Wolfgang Leitner, President and CEO of Andritz AG: “The main focus this year will lie on further flexibilization and adjustment of the Group-wide cost and organizational structure in order to adapt to the unchanged, volatile market environment, as well as on developing new products. By doing so, we want to create a basis on which to continue our long-term profitable growth.”

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