Earnings Calls

Last Earnings Call

Fiscal Period
Q2 2026
Call Date
Jul 30, 2026
AI Summary
Q2 2026

Record backlog: ANDRITZ said Q2 was a solid quarter, with order intake of EUR 2.3 billion and a new record backlog after strong Q1 demand.

Profitability improved: Q2 revenue rose 8% to EUR 2.1 billion, EBITDA increased 15% to EUR 182 million, and the EBITDA margin expanded to 8.9%.

Full-year outlook unchanged: Management confirmed 2026 guidance for revenue of EUR 8.0 billion to EUR 8.3 billion and a comparable EBITA margin of 8.7% to 9.1%.

Hydro backlog builds: Hydropower order intake was down in Q2 because of timing, but H1 order intake was up 82% and the segment’s revenue is now starting to convert from backlog.

Cash remains strong: Operating cash flow reached EUR 291 million in H1, free cash flow was EUR 160 million, and net liquidity stood at EUR 593 million.

Questions on strategy: Management said it regularly reviews the portfolio, but does not plan major M&A and still believes the company can reach its EUR 9 billion 2027 revenue target organically.

Key Financials
Order intake
EUR 2.3 billion
Revenue
EUR 2.1 billion
EBITDA
EUR 182 million
EBITDA margin
8.9%
Net income
EUR 109 million
First-half order intake
EUR 5.9 billion
Book-to-bill
1.5
Order backlog
EUR 12.9 billion
First-half EBITA
EUR 330 million
First-half EBITA margin
8.6%
First-half net income
EUR 201 million
Operating cash flow
EUR 291 million
Net liquidity
EUR 593 million
Operating net working capital
EUR 874 million
EBITDA
EUR 404 million
Free cash flow
EUR 160 million
CapEx
EUR 131 million
Dividend payment
EUR 265 million
Return on capital
18.5%
Pulp & Paper order intake
EUR 880 million
Pulp & Paper EBITA margin
10.5%
Metals order intake
EUR 573 million
Metals EBITA margin
6.6%
Hydropower order intake
EUR 570 million
Hydropower EBITA
EUR 35 million
Hydropower EBITA margin
9%
Environment and Energy order intake
EUR 300 million

Other Earnings Calls