Andritz AG (OTCPK:ADRZY)
$ 12 0.09 (0.76%) Market Cap: 5.95 Bil Enterprise Value: 4.96 Bil PE Ratio: 10.80 PB Ratio: 2.70 GF Score: 90/100

Full Year 2019 Andritz AG Earnings Call Transcript

Mar 04, 2020 / 07:30AM GMT
Release Date Price: $8.21
Operator

Dear ladies and gentlemen, welcome to the Full Year 2019 Results Conference Call of Andritz AG. At our customers' request, this conference will be recorded. (Operator Instructions)

May I now hand you over to Dr. Wolfgang Leitner, CEO, who will lead you through this conference. Please go ahead, sir.

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

Good morning, everybody. Welcome to our full year results conference call. Before I start and go into details, let me quickly summarize how we see the year. Overall, we are satisfied with the development of 2019, obviously, not the least, thanks to a very strong fourth quarter of 2019. Three of our four business areas, that means Pulp & Paper, Hydro and Separation, have shown favorable developments in spite of a not-so-easy global economic environment. And I'm not yet speaking of corona, obviously. The record order intake that we have achieved confirms, I think, in numbers, the very good market position that we have in the market, especially in Pulp & Paper. It's very

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