Andritz: Favorable Development in the First Three Quarters

Companies › Technology ♦ Published: November 8, 2010; 10:54 ♦ (Vindobona)

Technology Group ANDRITZ showed a favorable business development in the first three quarters of 2010. Sales, earnings and profitability rose substantially.

Andritz: Favorable Development in the First Three Quarters / Picture: © Andritz

Sales of the ANDRITZ GROUP rose in the third quarter of 2010 compared to last year’s reference period by around 19% to 896.6 MEUR (USD 1.255 million) Q3 2009: 756.1 MEUR), with substantial increases in all business areas except METALS. In the first three quarters of 2010, Group sales amounted to 2,458.8 MEUR (USD 3.442 million, +5.5% vs. Q1-Q3 2009: 2,330.2 MEUR).

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