Andritz rises after strong Q2 results

Andritz AG

30/07/2026 09:21

** Shares of Andritz are up around 6% after the Austrian industrial machinery supplier posted better-than-expected second quarter results
** The company reported Q2 revenue of €2.05 billion ($2.34 billion), up 8.5% year-on-year, while its EBITDA margin increased by 0.5 percentage points to 8.9%
** J.P.Morgan notes that orders, sales and earnings beat the consensus estimates
** Q2 order intake of €2.3 billion was 20% ahead of analyst expectations, the brokerage says
** In JPM's view, a strong Q2 should bring more confidence in Andritz' FY forecast 
** The group guides for revenue in a range of €8.0-8.3 billion and an adj. EBITA margin range of 8.7-9.1%
** Andritz is the top gainer on the Austrian main index .ATX
     
     
     
($1 = 0.8744 euros)

(Reporting by Simon Ferdinand Eibach)
((Simonferdinand.eibach@thomsonreuters.com))