Andritz: Slight Sales Increase in H1 2014 Attributable to Schuler Group

CompaniesTechnology ♦ Published: August 7, 2014; 11:20 ♦ (Vindobona)

Technology Group Andritz showed slight sales increase in the first half of 2014 in a still challenging overall economic environment. Sales increased by +1.9%. The order intake amounted to +18.0%. EBITA amounted to +37.7% and the EBITA margin was 5.0%.

Leitner: “Order intake and sales of the Andritz Group saw solid development." / Picture: © ANDRITZ AG

Sales increased slightly to 2,659.4 MEUR in the first half of 2014 (+1.9% versus H1 2013: 2,610.1 MEUR); this increase is attributable to the Schuler Group, which only contributed four months to the previous year’s reference period (first-time consolidation as of March 1, 2013). Sales in the second quarter of 2014, at 1,439.9 MEUR, almost reached the reference figure of last year…

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