Austria's Andritz Q1 order intake jumps to record on hydropower unit strength

Andritz AG

09/04/2026 07:12

Overview

Austria technology group's Q1 2026 order intake rose 54% yr/yr to record EUR 3.6 bln

Record orders driven by multiple mid-sized bookings, mainly in Hydropower

Company confirms full-year 2026 revenue and EBITA guidance despite strong Q1 orders

Outlook

Andritz confirms full-year 2026 guidance for revenue and comparable EBITA

Company says Q1 2026 order intake should not be extrapolated to coming quarters

Strong Q1 order intake mainly driven by Hydropower business area

Result Drivers

HYDROPOWER BOOKINGS - Record Q1 order intake mainly driven by strong bookings in Hydropower

MID-SIZED ORDERS - Surge in orders resulted from cumulated booking of several mid-sized orders in the quarter

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Orders
EUR 3.60 bln


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 €75.00, about 17.6% above its April 8 closing price of €63.80

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.)