Austria's Andritz revenue slightly misses; forecasts 2026 project activity at current levels

Andritz AG

05/03/2026 06:41

Overview

Austria-based technology group's 2025 revenue declined 5%, slightly missing analyst expectations

Order intake rose 7.6% to 8.9 bln EUR, driven by Pulp & Paper and Hydropower

EBITA missed estimates, reflecting challenges in Metals and Pulp & Paper sectors

Outlook

Andritz expects 2026 revenue between 8.0 bln and 8.3 bln EUR

Andritz anticipates 2026 EBITA margin between 8.7% and 9.1%

Company expects project activity to remain at current levels in 2026

Result Drivers

PULP & PAPER ORDERS - Significant increase in order intake driven by major pulp mill orders in USA and Asia

HYDROPOWER DEMAND - Record order intake fueled by renewable energy demand and major projects in Asia

SERVICE REVENUE - Service revenue grew to record levels, stabilizing earnings and strengthening customer partnerships

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
EUR 7.90 bln
EUR 7.92 bln (6 Analysts)
FY Net Income
EUR 457.10 mln
FY EBITA
Miss
EUR 648.20 mln
EUR 666.51 mln (5 Analysts)

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "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 €74.00, about 4.2% above its March 4 closing price of €71.00

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)