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ANDR Andritz AG News Story

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Brief: Andritz Q4 Revenue Down 7% At EUR 2.29 Billion

March 6 (Reuters) - ANDRITZ AG ANDR.VI:

INCREASE IN DIVIDENDS TO 2.60 EUR PER SHARE

STRONG ORDER INTAKE IN Q4 BRINGS BOOK-TO-BILL RATIO TO 1

OUTLOOK 2025: SEES BROADLY STABLE DEVELOPMENT IN REVENUE AND OPERATIONAL PROFITABILITY (COMPARABLE EBITA MARGIN)

FY REVENUE, AT 8.31 BILLION EUR, FELL JUST SHORT OF 2023 RECORD HIGH (-4%)

FY EBITA MARGIN OF 8.6%

OUTLOOK 2025: REVENUE IS PROJECTED TO BE BETWEEN 8.0 BILLION EUR AND 8.3 BILLION EUR

FY NET INCOME REMAINED STABLE AT 496.5 MEUR (-1.5%)

FY NET INCOME MARGIN INCREASED TO 6.0% (2023: 5.8%), REACHING A RECORD HIGH

OUTLOOK 2025: COMPARABLE EBITA MARGIN TO BE BETWEEN 8.6% AND 9.0% (EXCLUDING NON-OPERATING ITEMS)

Q4 REVENUE DECLINED, REACHING 2.29 BILLION EUR (-7%)

Q4 OPERATIONAL PROFITABILITY WENT UP TO 10.2% (2023: 10.0%)

Q4 NET INCOME DECLINED SLIGHTLY TO 154 MEUR (-3% VERSUS. Q4 2023)

Further company coverage: ANDR.VI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))

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