Andritz AG
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Andritz AG
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Andritz AG
Andritz AG builds industrial machinery and complete plant systems for heavy industry. Its biggest businesses include equipment for hydropower plants, machines used in pulp and paper mills, and systems for metals processing and separation. It also supplies parts, upgrades, and maintenance services for the equipment it sells. Its customers are mainly industrial companies and public or private operators that need large, engineered systems rather than standard off-the-shelf products. Andritz earns money by designing and selling equipment, installing plants, and supporting them over time with spare parts, service work, and modernization projects. That mix gives it both project-based sales and recurring aftermarket revenue. What makes Andritz different is that it sits near the top of the industrial value chain: it is not a mass producer of generic machinery, but a specialist that combines engineering, manufacturing, and lifecycle service for complex assets. Many of its products are tied to essential infrastructure and process industries, so customers rely on it for long-term performance, efficiency, and technical support.
Andritz AG builds industrial machinery and complete plant systems for heavy industry. Its biggest businesses include equipment for hydropower plants, machines used in pulp and paper mills, and systems for metals processing and separation. It also supplies parts, upgrades, and maintenance services for the equipment it sells.
Its customers are mainly industrial companies and public or private operators that need large, engineered systems rather than standard off-the-shelf products. Andritz earns money by designing and selling equipment, installing plants, and supporting them over time with spare parts, service work, and modernization projects. That mix gives it both project-based sales and recurring aftermarket revenue.
What makes Andritz different is that it sits near the top of the industrial value chain: it is not a mass producer of generic machinery, but a specialist that combines engineering, manufacturing, and lifecycle service for complex assets. Many of its products are tied to essential infrastructure and process industries, so customers rely on it for long-term performance, efficiency, and technical support.
Record intake: ANDRITZ reported record-high order intake of EUR 3.6 billion, driven mainly by Hydropower and Pulp & Paper, with book-to-bill above 2.
Backlog surge: Order backlog reached a new all-time high of EUR 12.4 billion, up 22% year over year, giving the company a strong base for coming quarters.
Stable profitability: Revenue rose despite negative FX effects, while EBITA margin held steady at 8.2% and net income came in at EUR 92 million.
Hydro strength: Hydropower had an exceptional quarter with EUR 1.9 billion of orders, which management said was partly a timing-driven accumulation and not a new quarterly run rate.
Guidance unchanged: Management confirmed 2026 guidance for revenue of EUR 8.0 billion to EUR 8.3 billion and comparable EBITA margin of 8.7% to 9.1%, and reiterated 2027 midterm targets.