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

Q3 2023 Andritz AG Earnings Call Transcript

Nov 02, 2023 / 07:30AM GMT
Release Date Price: $9.32 (+4.75%)
Operator

Good morning, ladies and gentlemen. Welcome to Andritz Quarter 3 results webcast. I'm Susan Trust, Head of Group Communications and Marketing, and I will be moderating today's webcast. I would like to introduce our President and CEO, Joachim Schönbeck; and our CFO, Norbert Nettesheim. After the presentations, you will have the possibility to ask questions.

Now without further ado, I would like to hand it over to our CEO, Joachim, please.

Joachim SchÃ;nbeck
Andritz AG - President, CEO & Member of the Executive Board

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Ladies and gentlemen, good morning also from my side. Thank you very much for attending our call. Yes, we have to recognize that our biggest wish for this year did not materialize. We were looking for the first year since a while without a global impact and a global new crisis, which unfortunately did not happen. We faced the war in -- against Hamas in Israel and Gaza, and we are a bit uncertain what will result from that for the months to come.

On the other side, we also had some good news, the constant

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