Andritz AG (LTS:0MJZ)

Half Year 2026 Andritz AG Earnings Call Transcript

Jul 30, 2026 / 06:30 AM GMT

Release Date Price: €81.85 (+10.24%)

Transcript

Key Points

Positve

Andritz AG (ADRZY) reported a record order backlog of EUR 12.9 billion, providing strong revenue visibility for future quarters.
The company achieved a significant increase in profitability, with comparable EBITDA up 15% to EUR 182 million and an EBITDA margin expansion from 8.4% to 8.9% in Q2.
Revenue growth accelerated by 8% in Q2, driven by strong performance in the Pulp & Paper and Metals business areas, with the service business reaching a record high share of 46%.
Operating cash flow increased by 72% year-on-year to EUR 291 million in the first half, demonstrating strong financial quality and operational execution.
The Metals business, previously a problem child, showed clear improvement with EBITDA up 37% and a margin increase to 6.6%, supported by stabilization in the automotive sector.
Three out of four business areas are now within the 2027 margin corridor, indicating successful execution of the company's strategic targets.

Negative

Order intake in the Environment & Energy segment declined by 10% in Q2 due to a cautious investment climate and uncertainties in the energy transition, particularly in the chemical industry.
Hydropower order intake dropped 27% in Q2, although this was attributed to timing effects after a strong first half, the segment remains dependent on large, infrequent orders.
The financial result was lower year-on-year due to reduced interest income and higher interest payments, with a one-time positive valuation effect from the Armis investment not repeating.
The company continues to incur restructuring costs, with EUR 18 million in non-operating items in the first half, primarily related to Metals and right-sizing in other segments.
The packaging and container board market has bottomed out but shows no signs of an uptick, with utilization rates in Europe and the US still lagging behind Asia, delaying new machinery investments.
The higher share of hydropower in the backlog leads to longer conversion times, which could slow revenue growth and margin realization in the near term.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ANDR.VI - Andritz AG
Half Year 2026 Andritz AG Earnings Call
Jul 30, 2026 / 06:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning from Graz and a warm welcome from our side. It's my great pleasure to host the Q2 earnings call and webcast with you today. With me, I've got the CEO, Dr. Joachim Schoenberg and our CFO, Vanessa Helvin. As usual, we'll guide you through the Q2 highlights and key CEO messages, followed by the financial performance, followed by an update on our business area performance, the outlook, and we will then conduct a Q&A session.

And now it's my pleasure to hand over to Dr. Schoenbeck for his initial remarks.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you, Matthias.

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.