EQS-News: Andritz AG / Key word(s): Miscellaneous
Changes to ANDRITZ business areas
18.01.2024 / 13:35 CET/CEST
The issuer is solely responsible for the content of this announcement.
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• New business area established: Environment & Energy
• Hydro business area renamed Hydropower
• New financial reporting structure as of Q1 2024
GRAZ, JANUARY 18, 2024. To align its business activities even more
closely with the markets served, international technology group ANDRITZ
has combined several of its environmental and energy-focused technologies
in one business area named “Environment & Energy”.
ANDRITZ Environment & Energy focuses on sustainable solutions. Its
comprehensive product portfolio includes systems for green hydrogen, P2X,
carbon capture, flue gas cleaning, solid/liquid separation, feed and food
processing, and pumps for various processes.
The business area offers these systems, as well as related automation and
digitalization solutions and services, to a wide range of industries.
ANDRITZ now operates with the following four business areas:
• Pulp & Paper
• Hydropower (renamed from “Hydro”)
• Metals
• Environment & Energy
The new business area structure will be reflected in the company’s
financial reporting starting in Q1 2024.
– End –
PRESS RELEASE FOR DOWNLOAD
The press release is available for download at (1)andritz.com/news.
FOR FURTHER INFORMATION, PLEASE CONTACT
Susan Trast
Vice President Group Communications and Marketing
(2)susan.trast@andritz.com
(3)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 40 countries.
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18.01.2024 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: 1818129
End of News EQS News Service
1818129 18.01.2024 CET/CEST
References
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1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=57407ee1650489e3df184cb5bc316bcf&application_id=1818129&site_id=apa_ots_austria&application_name=news
2. susan.trast@andritz.com
3. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=c4f006ff249d8b5cd67063508605c06f&application_id=1818129&site_id=apa_ots_austria&application_name=news