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Andritz: Strong Rise in Sales Expected
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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.

“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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