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Q1 2021 Andritz AG Earnings Call Transcript
Dear, ladies and gentlemen, welcome to the conference call of ANDRITZ AG. At our customers' request, this conference will be recorded. (Operator Instructions) May I now hand you over to Wolfgang Leitner, who will lead you through this conference. Please go ahead, sir.
Thank you very much. Welcome, everybody, to our Q1 conference call. I hope you are safe and healthy, probably in your home offices. And getting ready for the loosening of the restrictions in connection with this COVID. As always, I would like to start with some more general remarks.
Overall, I think we agree that the world is in the midst of an economic upturn, primarily driven by the U.S., China and also India so far. The effect of that, we've seen rising commodity prices for steel, copper, et cetera. We start seeing scarcity of relevant goods. For example, wood or semiconductors. And we see also and get good messages and news from companies that the order intake is picking up. On the basis of this environment
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