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ANDRITZ GROUP: favorable business development in the third quarter of 2015
Press Wire ♦
Published: November 6, 2015; 07:31 ♦ (Vindobona)
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Earnings of the ANDRITZ GROUP developed favorably. In the third quarter of 2015, EBITA rose to 110.1 MEUR, which is an increase of 9.0% compared to the previous year's reference figure (Q3 2014: 101.0 MEUR). The EBITA margin amounted to 7.0% (Q3 2014: 6.9%). As announced at the end of August 2015, around 55 MEUR of financial provisions were booked in the reporting period for optimization of the value chain at Schuler.
ANDRITZ GROUP: favorable business development in the third quarter of 2015 / Picture: © Vindobona.org
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.
quarterly report
Graz, November 6, 2015. In the third quarter of 2015, international technology
Group ANDRITZ showed a favorable business development:
- Sales amounted to 1,583.5 MEUR in the third quarter of 2015 and were thus
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