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Andritz Reports Rise in Sales, Earnings and Profits

Published: November 8, 2011; 09:19 · (Vindobona)

As expected the Austrian technology Group Andritz achieved a significant increase in all relevant financial key figures in the third quarter of 2011 compared to the previous year’s reference period.

Andritz Reports Rise in Sales, Earnings and Profits / Picture: © ANDRITZ AG

Sales of the Andritz amounted to € 1,173.1m in the third quarter of 2011, thus exceeding last year’s reference figure by 30.8% (Q3 2010: € 896.6m). With the exception of the Feed & Biofuel business area, all business areas recorded substantial increases in sales. In the first three quarters of 2011, sales rose to € 3,184.2m, thus increasing by 29.5% compared to the reference…

This article includes a total of 421 words.

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