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Andritz: Strong Rise in Sales Expected
People ♦
Published: October 5, 2011; 12:48 ♦ (Vindobona)
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At the Andritz Capital Market Days 2011, CEO Wolfgang Leitner today specified the sales and earnings targets of the Austrian technology group for 2011 and 2012.
Andritz: Strong Rise in Sales Expected / Picture: © ANDRITZ AG
“Based on the high order intake and good development in sales in the first half of 2011, we expect Group sales to rise above € 4.0bn for 2011. For 2012, we are planning a further increase in sales to over € 4.5bn in view of the good order intake and the acquisitions made in 2010 and 2011. We confirm our target to achieve an average EBITA margin of 7% over the cycle and also intend…
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