MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
More news: Energy
Written by / Agency / Source: ANDRITZ AG
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

ANDRITZ Group Reports Favorable Business Development in 2012 - International technology Group ANDRITZ showed favorable business development in 2012 - ANDRITZ.com
ANDRITZ Group Reports Favorable Business Development in 2012

 

NewswireToday - /newswire/ - Stockholm, Sweden, 2013/03/01 - International technology Group ANDRITZ showed favorable business development in 2012 - ANDRITZ.com. Reuters: ANDR.VI

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• Sales, at 5,176.9 million euros (MEUR), increased by 12.6% compared to the previous year’s reference figure (2011: 4,596.0 MEUR). Particularly the PULP & PAPER business area noted a significant sales increase.

• The order intake, at 4,924.4 MEUR, was 13.7% below the extraordinarily high level of the previous year (2011: 5,706.9 MEUR), which included three large orders with a total value of approximately 1,400 MEUR. Due to these large orders, the order intake decreased in the HYDRO and PULP & PAPER business areas compared to 2011. The other business areas noted an increase of order intake.

• The order backlog as of December 31, 2012 amounted to 6,614.8 MEUR and was thus virtually unchanged compared to the reference figure of last year (-1.0% versus December 31, 2011: 6,683.1 MEUR). In the HYDRO and SEPARATION business areas, the order backlog rose; all other business areas noted a decline.

• The EBITA, at 357.8 MEUR, exceeded the reference figure of last year by 7.9% (2011: 331.5 MEUR). Thus, the EBITA margin amounted to 6.9% (2011: 7.2%); this slight decline is attributable to the project mix in the PULP & PAPER business area (higher portion of large projects compared to 2011) as well as cost overruns on some projects and expenses for business expansion in the emerging markets in the SEPARATION and FEED & BIOFUEL business areas.

• The financial result declined to -2.8 MEUR (2011: 9.0 MEUR) due to the write-down of non-consolidated companies and expenses related to the 350 MEUR corporate bond, issued in July 2012.

• The net income (excluding non-controlling interests) amounted to 243.6 MEUR (2011: 230.7 MEUR).

• The balance sheet structure as of end of 2012 continued to be solid. The equity ratio amounted to 20.0% (December 31, 2011: 20.6%). Liquid funds amounted to 2,047.8 MEUR (end of 2011: 1,814.5 MEUR), the net liquidity to 1,285.7 MEUR (December 31, 2011: 1,400.6 MEUR).

• At the coming Annual General Meeting, the Executive Board will propose to increase the dividend to 1.20 EUR per share for the 2012 business year (2011: 1.10 EUR), corresponding with a payout ratio of approximately 51%.

Wolfgang Leitner, President and CEO of ANDRITZ AG, says about the outlook for the 2013 business year: „We expect no significant recovery of the global economy also in this year. However, we still see solid development with good project activity in the markets served by ANDRITZ”.

Based on these expectations and the first-time consolidation of Schuler AG from March 1, 2013, the ANDRITZ GROUP (andritz.com) expects sales to increase in 2013 compared to the previous year. Net income is also expected to rise compared to last year.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ANDRITZ AG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


ANDRITZ Group Reports Favorable Business Development in 2012

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Oliver Pokorny - ANDRITZ.com 
+43(316) 6902 1332 oliver.pokorny[.]andritz.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ANDRITZ AG securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ANDRITZ AG / Company Profile


Read Energy Most Recent Related Newswires:

ABB Helps Maximize Energy Efficiency At Future Fossil-free Steel Pilot
Fermi Energia Starts Cooperation with the Major Energy Utility Fortum and Tractebel
Voith Hydro Awarded Single-source Contract for BC Hydro’s Bridge River Power House II Generator Replacement
ABB to Deliver the Power Supply for Europe’s Largest Battery Factory
ABB Selected by IONITY for Second Phase of European Charging Network Expansion
Imeon Energy Announces Compatibility of its Hybrid Solar Inverters with Dyness Energy Storage System
Rising Demand for Energy Efficiency Creates Growth Opportunities for Technologically Advanced Heat Exchangers Finds Frost & Sullivan
Enel Starts Operations of 450 MW Wind Farm in U.S. and Expands Project to 500 MW through New PPA with Danone North America
Energía del Pacífico Closes Financing on Largest Ever Foreign Direct Investment in El Salvador
ABB Completes Divestment of Two Electrification Joint Ventures in Shanghai
ABB and Equinor Sign Major Frame Agreement for Oil And Gas Operations Worldwide
ABB Wins Contract to Power Genting’s Next-generation Cruise Vessels
ABB Wins Framework Contract Worth over 0 Million to Strengthen Italy’s Power Grid
Voith is A Leading Member of the XFLEX HYDRO Project A New Initiative to Build a Resilient, Renewable Power System with Flexible Hydropower Technology
ABB Powers Pioneering Floating Solar Plant in Switzerland

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow, Inc.





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)