Positive Forecasts for Andritz

Businessn.a. ♦ Published: August 3, 2012; 20:05 ♦ (Vindobona)

Analysts expect a substantial rise in order intake. Sales should grow by 15%. Next week, the Austrian technology company presents its results for the second quarter.

Positive Forecasts for Andritz / Picture: © Andritz

According to Baader Bank, order intake is anticipated to increase by 39%. Sales are forecasted to increase by 15%. Earnings per share should rise by 10% against last year, Baader Bank states.

Erste Group estimates Andritz´ order intake to reach € 1.18bn in the second quarter. Sales are expected to soar by 14.1%. The EBIT margin is expected to decline to 6.2%. Nevertheless,…

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