EQS-News: ANDRITZ achieves strong order intake and stable profitability in 2025
EQS-News: Andritz AG / Key word(s): Annual Results
ANDRITZ achieves strong order intake and stable profitability in 2025
05.03.2026 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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• Order intake increases to 8.9 billion EUR (2024 8.3 billion EUR)
• Order backlog reaches record high of 10.5 billion EUR
• Moderate revenue decline of 5%, comparable EBITA margin stable at high
level of 8.9%
• Increase in dividends to 2.70 EUR (2024: 2.60 EUR) per share proposed
GRAZ, MARCH 5, 2026. Despite a continuously challenging market environment
and geopolitical surprises, international technology group ANDRITZ achieved
solid results in 2025.
The Group’s order intake reached 8.9 billion EUR in 2025, marking the
second-highest order intake in the company’s history and a noticeable
increase of 7.6% from the previous year. The main drivers were the Pulp &
Paper and Hydropower business areas, which increased their order intake by
20% and 16%, respectively, while Environment & Energy and Metals declined.
ANDRITZ CEO Joachim Schönbeck commented: “Once again, we faced another year
that demanded discipline and clear priorities, as we worked through
geopolitical hurdles and a cautious investment climate. Yet, ANDRITZ
performed well, and I am proud of how our teams have coped with the
challenges. Order intake increased, our backlog reached new record levels,
and our profitability was solid – all thanks to the trust of our customers,
the strong partnership with our suppliers, and the dedication of our
employees. ANDRITZ remains well positioned for 2026.”
The strong order intake development resulted in a book-to-bill ratio of
1.13, indicating that order intake exceeded revenue recognized during the
year. Consequently, the order backlog increased to a record high of 10.5
billion EUR at the end of 2025 (+7% versus end of 2024), providing a solid
basis for revenue realization in 2026.
Group revenue saw a moderate decline of 5% to 7.9 billion EUR, a
satisfactory outcome considering significantly negative foreign exchange
translation effects for the year 2025 due to the strong euro. Importantly,
ANDRITZ Group achieved a return to revenue growth in the fourth quarter of
2025, with revenue increasing to 2.3 billion EUR (+2.6% compared to Q4
2024).
Again, Service revenue continued to grow across all business areas,
increasing to a 44% share of total revenue (2024: 41%) and 3.4 billion EUR –
both record levels. ANDRITZ placed a strong focus on Service growth, thereby
strengthening its partnerships with customers and stabilizing earnings
simultaneously.
Profitability (comparable EBITA margin) remained stable at the record level
of 8.9% (2024: 8.9%), supported by improved project execution, disciplined
cost management, and the high level of Service revenue. Net income amounted
to 457.1 MEUR (-7.9%), with a net income margin of 5.8% at a solid level,
close to the record in 2024 (6.0%).
Second best order intake in 2025, driven by Hydropower and Pulp & Paper
In the Pulp & Paper business area, order intake rose significantly to
3,348.1 MEUR (+20% versus 2024), driven by orders from the USA and Asia.
These included major orders for five new pulp mills from China, as paper
producers backward integrate their operations into pulp making. In Germany,
new regulations on recycling of phosphorus also led to orders for three
complete local power plants fueled by sewage sludge.
In the Hydropower business area, order intake climbed to the record level of
2,516 MEUR (+16% versus 2024). Growth was fueled by the growing demand for
renewable energy, grid stability, and pumped storage capacity. Major orders
came from the Americas and Asia, while the European market was dominated by
rehabs and modernizations. Large-scale orders included equipment for the new
1,500 MW Tarali pumped storage plant in India and the 720 MW Srinagarind
hydropower plant in Thailand. These projects underscore the role of
hydropower as a cornerstone of the renewable energy future.
After three years of strong growth, order intake in Environment & Energy was
slightly below the previous year’s figure (-3%), amounting to 1,566.2 MEUR.
After several quarters of project delays, order intake returned to growth in
the second half of the year (+11% year-on-year), driven by strong demand for
clean air solutions in Europe and North America, while in green hydrogen and
carbon capture only engineering orders were awarded.
The Metals business area recorded order intake of 1,479.4 MEUR (-13% versus
2024), reflecting the low investment activity in the automotive and steel
industries. While the market declined for the third year in a row, ANDRITZ
was able to protect its profitability through further capacity adjustments.
Orders included automotive press lines and silicon steel processing lines,
enabling the electrification of transport and power systems.
2025 also marked another very active year regarding M&A activity: ANDRITZ
completed six larger acquisitions to strengthen its service capabilities and
its environmental offerings, as well as to close gaps in its product
portfolio. The acquisitions of LDX Solutions, A.Celli Paper, Salico Group,
Diamond Power, Allen-Sherman-Hoff, and Sanzheng were executed in line with
the company’s selective and disciplined M&A strategy.
Subject to the approval at the Annual General Meeting, shareholders will
benefit from a higher payout ratio and a dividend increase to 2.70 EUR
(2024: 2.60 EUR) per share.
Outlook 2026: Return to revenue growth and continued high operating
profitability
For 2026, the ANDRITZ Group expects project activity to remain at the
current level and moderate growth in revenue. ANDRITZ sees revenues in a
range of 8.0 to 8.3 billion EUR for 2026. Comparable EBITA margin (excluding
non-operating items) is expected to remain at a high level, in the range
between 8.7% and 9.1%.
The results of the business year 2025 in more detail:
• Order intake for 2025, at 8,909.8 MEUR, increased notably compared to
the previous year (+7.6% vs. 2024: 8,276.9 MEUR). The Hydropower
(+15.9%) and Pulp & Paper (+20.4%) business areas were able to increase
order intake, while the Environment & Energy business area declined
slightly (-3.3%). Although order intake in Metals picked up in the first
half of 2025 (+30.2% vs. H1 2024: 670 MEUR), it decreased by 13.3% for
the full year due to lower investment activity by automotive and steel
producers.
• Order backlog amounted to 10,457.5 MEUR, reaching a record high at
year-end (+7.3% compared to 2024: 9,749.9 MEUR).
• Revenue declined slightly and reached 7,883.1 MEUR (-5.2% vs. 2024:
8,313.7 MEUR), reflecting the lower order intake in the previous year
and negative foreign exchange translation effects of 221.9 MEUR. The
Hydropower business area was able to increase its revenue by 12.5%
compared to the previous year’s reference figure. While the Environment
& Energy business area showed a stable development (-0.1%), revenue in
Pulp & Paper (-14.6%) and Metals (-6.5%) declined compared to the
previous year.
• Comparable EBITA in 2025 decreased to 698.4 MEUR (-6.0% vs. 2024: 742.8
MEUR). However, operating profitability (comparable EBITA margin)
remained at the high level of 8.9% in 2025 (8.9% in 2024) due to a
positive revenue mix and improved project execution.
• EBITA decreased to 648.2 MEUR (-9.1% vs. 2024: 713.0 MEUR), and EBITA
margin declined somewhat to 8.2% (2024: 8.6%), reflecting the lower
revenues and higher non-operating items of approximately 50.2 MEUR,
related mainly to restructuring measures in Metals and Pulp & Paper.
• Net income (including non-controlling interests) declined to 457.1 MEUR
(-7.9% compared to 2024: 496.5 MEUR), but net income margin remained at
a robust level of 5.8% (2024: 6.0%).
KEY FINANCIAL FIGURES AT A GLANCE
Unit 2025 2024 +/- Q4 2025 Q4 2024 +/-
Order intake MEUR 8,909.8 8,276.9 +7.6% 2,003.2 2,528.4 -20.8%
Pulp & Paper MEUR 3,348.1 2,779.8 +20.4% 679.1 811.6 -16.3%
Metals MEUR 1,479.4 1,707.2 -13.3% 311.3 403.0 -22.8%
Hydropower MEUR 2,516.1 2,170.5 +15.9% 646.2 941.6 -31.4%
Environment &
Energy MEUR 1,566.2 1,619.4 -3.3% 366.6 372.2 -1.5%
Revenue MEUR 7,883.1 8,313.7 -5.2% 2,344.7 2,285.6 +2.6%
Pulp & Paper MEUR 2,956.9 3,461.1 -14.6% 872.9 855.8 +2.0%
Metals MEUR 1,694.1 1,811.2 -6.5% 476.3 461.0 +3.3%
Hydropower MEUR 1,729.5 1,537.9 +12.5% 554.3 505.4 +9.7%
Environment &
Energy MEUR 1,502.6 1,503.5 -0.1% 441.2 463.4 -4.8%
Order backlog
(as of end of period) MEUR 10,457.5 9,749.9 +7.3% 10,457.5 9,749.9 +7.3%
EBITDA MEUR 823.4 887.9 -7.3% 245.6 253.0 -2.9%
EBITDA margin % 10.4 10.7 – 10.5 11.1 –
EBITA MEUR 648.2 713.0 -9.1% 199.6 205.9 -3.1%
EBITA margin % 8.2 8.6 – 8.5 9.0 –
Comparable EBITA MEUR 698.4 742.8 -6.0% 227.6 232.7 -2.2%
Comparable EBITA
margin % 8.9 8.9 – 9.7 10.2 –
EBIT MEUR 582.8 661.9 -12.0% 185.5 192.2 -3.5%
Financial result MEUR 16.5 -15.4 +207.1% 7.9 -5.7 +238.6%
EBT MEUR 599.3 646.5 -7.3% 193.4 186.5 +3.7%
Net income
(including
non-controlling
interests) MEUR 457.1 496.5 -7.9% 154.2 154.3 -0.1%
Net income margin % 5.8 6.0 – 6.6 6.8 –
Earnings per share EUR 4.67 5.02 – 1.57 1.57 –
Cash flow
from operating
activities MEUR 652.7 636.5 +2.5% 339.2 232.5 +45.9%
Capital expenditure MEUR 269.5 237.5 +13.5% 105.5 81.0 +30.2%
Employees
(as of end of period;
without apprentices) – 30,346 30,003 +1.1% 30,346 30,003 +1.1%
All figures according to IFRS. Due to the utilization of automatic
calculation programs, differences may arise in the addition of rounded
totals and percentages. MEUR = million euros. EUR = euros.
– End –
PRESS RELEASE AVAILABLE FOR DOWNLOAD
This press release is available for download at [1]andritz.com/news on the
ANDRITZ web site.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Niklas Jelinek
External Communications Lead / Media Relations
[2]press@press.andritz.com
[3]andritz.com
Matthias Pfeifenberger
Head of Investor Relations
[4]investors@andritz.com
[5]andritz.com
ANDRITZ GROUP
International technology group ANDRITZ provides advanced plants, equipment,
services, and digital solutions for a wide range of industries, including
pulp and paper, metals, hydropower, environmental, and others. Founded in
1852 and headquartered in Austria, the publicly listed group employs about
30,000 people at 280 locations in over 80 countries.
As a global leader in technology and innovation, ANDRITZ is committed to
fostering progress that benefits customers, partners, employees, society,
and the environment. The company’s growth is driven by sustainable solutions
enabling the green transition, advanced digitalization for highest
industrial performance, and comprehensive services that maximize the value
of customers’ plants over their entire life cycle. ANDRITZ. FOR GROWTH THAT
MATTERS.
ANNUAL AND FINANCIAL REPORTS
The annual and financial reports are available for download on the ANDRITZ
web site at [6]andritz.com.
DISCLAIMER
Certain statements contained in this press release constitute
“forward-looking statements”. These statements, which contain the words
“believe”, “intend”, “expect”, and words of a similar meaning, reflect the
Executive Board’s beliefs and expectations and are subject to risks and
uncertainties that may cause actual results to differ materially. As a
result, readers are cautioned not to place undue reliance on such
forward-looking statements. The company disclaims any obligation to publicly
announce the result of any revisions to the forward-looking statements made
herein, except where it would be required to do so under applicable law.
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05.03.2026 CET/CEST This Corporate News was distributed by [7]EQS Group
View original content: [8]EQS News
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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2285884
End of News EQS News Service
2285884 05.03.2026 CET/CEST
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References
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4. investors@andritz.com
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