EQS-News: Andritz AG / Key word(s): Miscellaneous
ANDRITZ announces increased financial targets
24.01.2024 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
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GRAZ, JANUARY 24, 2024. International technology group ANDRITZ is holding
its Capital Markets Day 2024 in Leipzig today, January 24. It features
presentations by the Executive Board members on subjects such as the
company’s strategy, its execution, the market outlook, and updated
strategic targets.
ANDRITZ is announcing new financial targets, to be achieved by 2026 as
follows:
• Revenue exceeding 10 billion EUR
• EBITA margin surpassing 9%
• Net income margin above 6%
Moreover, ANDRITZ will continue to pursue its successful M&A strategy,
focusing on service and digitalization.
The presentation materials are available on the group’s website at:
(1)andritz.com/investors
The event will be recorded, and the recording will also be accessible on
the website.
– End –
PRESS RELEASE FOR DOWNLOAD
The press release is available for download at (2)andritz.com/news.
FOR FURTHER INFORMATION, PLEASE CONTACT
Susan Trast
Vice President Group Communications and Marketing
(3)susan.trast@andritz.com
(4)andritz.com
ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of
innovative plants, equipment, systems, services and digital solutions for
a wide range of industries and end markets. Sustainability is an integral
part of the company’s business strategy and corporate culture. With its
extensive portfolio of sustainable products and solutions, ANDRITZ aims to
make the greatest possible contribution to a sustainable future and help
its customers achieve their sustainability goals. ANDRITZ is a global
market leader in all four of its business areas – Pulp & Paper, Metals,
Hydropower and Environment & Energy. Technological leadership and global
presence are cornerstones of the group’s strategy, which is focused on
long-term profitable growth. The publicly listed group has around 30,000
employees and over 280 locations in more than 80 countries.
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24.01.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1821643
End of News EQS News Service
1821643 24.01.2024 CET/CEST
References
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3. susan.trast@andritz.com
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=c4f006ff249d8b5cd67063508605c06f&application_id=1821643&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news