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Andritz Continues Strong Performance
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The Austrian technology Group ANDRITZ saw a favorable business development during the first quarter of 2012. Sales grew by 28.4%. Net income was up by 36.5%.
Andritz Continues Strong Performance / Picture: © ANDRITZ AG
Sales of the Andritz Group amounted to 1,185.7m – an increase of 28.4% compared to the reference figure for the previous year (Q1 2011: € 923.7m). All business areas, particularly Pulp & Paper, achieved significant increases in sales.
Order intake amounted to € 1,361.2m. Although declining by 18.3% compared to the very high figure of last year’s reference period (Q1…
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