Andritz announces solid business development for third quarter

Andritz expects a slight rise in sales in the 2014 business year compared to the previous year. A significant improvement is expected in the net income compared to the low level of 2013.

Sales amounted to 1,463.5 million â‚Ĵ in the third quarter of 2014 and were thus below the level of the previous yearʼs reference period (Q3 2013: 1,534.5 million â‚Ĵ); the decline of 4.6% is mainly due to a project-related drop in sales in the Pulp & Paper and the Metals business areas. In the first three quarters of 2014, sales of the Group amounted to 4,122.9 million â‚Ĵ and thus practically reached last yearʼs reference figure (-0.5% versus Q1-Q3 2013: 4,144.6 million â‚Ĵ).

As of September 30, 2014, the order backlog amounted to 7,702.2 million â‚Ĵ – an increase of 4.2% compared to the end of 2013 (December 31, 2013: 7,388.5 million â‚Ĵ).

In the third quarter of 2014, the EBITA amounted to 101.0 million â‚Ĵ and was thus 44.1% higher than the low level of the previous yearʼs reference period (Q3 2013: 70.1 million â‚Ĵ), which was impacted negatively by additional costs in the Pulp & Paper and the Seperation business areas. The Groupʼs EBITA margin also increased substantially to 6.9% (Q3 2013: 4.6%). In the first three quarters of 2014, the EBITA amounted to 234.4 million â‚Ĵ (+40.4% versus Q1-Q3 2013: 167.0 million â‚Ĵ) and the EBITA margin was 5.7% (Q1-Q3 2013: 4.0%).

The net income of the Group in the first three quarters of 2014 amounted to 123.6 million â‚Ĵ and was thus significantly higher than the previous yearʼs reference value (Q1-Q3 2013: 78.8 million â‚Ĵ).

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