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ANDR Andritz AG News Story

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Andritz set for steepest drop since 2019 as DB says outlook below expectations

** Shares in Austrian technology company Andritz ANDR.VI are down 9% with Deutsche Bank's Lars vom Cleff analyst pointing to 2026 guidance in its full year results potentially lowering expectations

** Vom Cleff says the FY26 guidance set by the company — revenue of 8.0 - 8.3 billion euros  ($9.43 - 9.79 billion)and an EBITA margin of 8.7–9.1% could lead to consensus estimates for revenue and EBITA being revised down by 5–9% and 9–13%, respectively

** Shares on track for its worst day since May 2019, when it closed 11.0% lower.

($1 = 0.8480 euros)

 (Reporting by Cian Muenster)

 ((Cian.Muenster@thomsonreuters.com))

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