Austria's Andritz sees robust Q3 orders, keeps outlook intact

Despite revenue declining 7.6 per cent to €1.89 billion (~$1.94 billion) due to lower order volumes from the previous year and currency translation effects, the comparable EBITA margin held steady at 8.9 per cent. Net income dropped 6 per cent to €111.3 million (~$114.24 million), though the net income margin improved slightly to 5.9 per cent, Andritz said in a press release.

“We are overall satisfied with our third-quarter results, which underline Andritz’s potential to benefit from the surging demand in power generation. Despite a challenging market environment, we achieved strong order intake for the fourth consecutive quarter,” said CEO Joachim Schonbeck.

Andritz has reaffirmed its 2025 full-year guidance, expecting revenue between €8 billion and €8.3 billion (~$8.21-8.52 billion) with a comparable EBITA margin of 8.6-9 per cent, though management anticipates results at the lower end of the range due to weaker foreign currencies.

ALCHEMPro News Desk (SG)