Austria's Andritz Q1 order intake jumps 54% to record high

Andritz AG

29/04/2026 06:36

Overview

Austria industrial technology group's Q1 revenue rose 1.7% year-over-year

Q1 net income increased 2.9% to 91.8 mln euros

Record order intake driven by mid-sized Hydropower orders; company cautions not to extrapolate

Outlook

Andritz expects 2026 revenue between 8.0 bln and 8.3 bln EUR

Company expects 2026 comparable EBITA margin between 8.7% and 9.1%

Result Drivers

HYDROPOWER ORDERS - Record order intake driven by mid-sized orders in Hydropower, supported by strong demand for renewable energy projects in Asia, South America, and Africa

SERVICE BUSINESS - Service business grew by 4%, driven by Pulp & Paper (+7%) and Hydropower (+3%)

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Net Income
EUR 91.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for Andritz AG is €80.00, about 17.3% above its April 28 closing price of €68.20

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)