Full Year 2018 Andritz AG Earnings Call Transcript

Mar 06, 2019 / 07:30AM GMT
Operator

Dear ladies and gentlemen, welcome to the Results for Fiscal Year 2018 Call of ANDRITZ AG. At our customer's request, this conference will be recorded. (Operator Instructions) May I now hand you over to Dr. Leitner, CEO, who will lead you through this conference. Please go ahead, sir.

Wolfgang Leitner - Andritz AG - President, CEO & Member of Executive Board

Thank you very much. Good morning, everybody. Welcome to our 2018 results. When looking at the figures we are definitely not dissatisfied with the development and the results of ANDRITZ in 2018. Profitability adjusted for extraordinary items and we have 2 extraordinary items in different directions between 2017 and '18, were practically unchanged compared to 2017. Obviously, it could always be better. Within these profit numbers, there are several very bright sides, but also some other, let's say dark sides, but sides that are not as bright as we would have wished.

Let me start with the good developments. Clearly, the order intake has developed extremely positively. We have reached a very

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