Reported Earnings • Apr 30
First quarter 2026 earnings released: EPS: €0.93 (vs €0.91 in 1Q 2025) First quarter 2026 results: EPS: €0.93 (up from €0.91 in 1Q 2025). Revenue: €1.82b (up 3.1% from 1Q 2025). Net income: €91.7m (up 2.9% from 1Q 2025). Profit margin: 5.0% (in line with 1Q 2025). Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annonce • Mar 28
Andritz Ag Approves Dividend for the Financial Year 2025, Payable on April 2, 2026 Andritz AG in its 119th Annual General Meeting held on March 28, 2026 approved a dividend of EUR 2.70 per share for the financial year 2025 (financial year 2024: EUR 2.60 per share). The ex-dividend date is March 30, 2026, and the date of dividend payment is April 2, 2026. The record date for the 2025 dividend is March 31, 2026. Declared Dividend • Mar 16
Dividend increased to €2.70 Dividend of €2.70 is 3.8% higher than last year. Ex-date: 30th March 2026 Payment date: 2nd April 2026 Dividend yield will be 4.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 06
Full year 2025 earnings released: EPS: €4.67 (vs €5.02 in FY 2024) Full year 2025 results: EPS: €4.67 (down from €5.02 in FY 2024). Revenue: €8.02b (down 3.8% from FY 2024). Net income: €456.3m (down 8.1% from FY 2024). Profit margin: 5.7% (down from 6.0% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year. Annonce • Feb 07
Andritz AG Provides Earnings Guidance for the Full Year 2026 Andritz AG provided earnings guidance For the full year 2026. For the year, company expected project activity to remain at the current level and for revenue growth to be sustained. Annonce • Dec 09
Andritz AG, Annual General Meeting, Mar 26, 2026 Andritz AG, Annual General Meeting, Mar 26, 2026. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: €1.14 (vs €1.20 in 3Q 2024) Third quarter 2025 results: EPS: €1.14 (down from €1.20 in 3Q 2024). Revenue: €1.89b (down 7.6% from 3Q 2024). Net income: €111.2m (down 5.9% from 3Q 2024). Profit margin: 5.9% (in line with 3Q 2024). Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: €1.05 (vs €1.20 in 2Q 2024) Second quarter 2025 results: EPS: €1.05 (down from €1.20 in 2Q 2024). Revenue: €1.89b (down 9.9% from 2Q 2024). Net income: €102.4m (down 14% from 2Q 2024). Profit margin: 5.4% (down from 5.7% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year. Annonce • Aug 01
Andritz AG completed the acquisition of Diamond Power International, LLC from Babcock & Wilcox International Sales And Service Corporation, Babcock & Wilcox Canada Corp. and The Babcock & Wilcox Company. Andritz AG entered into an agreement to acquire Diamond Power International, LLC from Babcock & Wilcox International Sales And Service Corporation, Babcock & Wilcox Canada Corp. and The Babcock & Wilcox Company for approximately $180 million on June 4, 2025. A cash consideration of $177 million will be paid by Andritz AG, subject to customary fees and adjustments. As part of the transaction, approximately 400 employees of Diamond Power will join ANDRITZ. The sale is expected to close within approximately 30 days. The sale of Diamond Power, which achieves annual revenues in the range of $114 million.
Andritz AG completed the acquisition of Diamond Power International, LLC from Babcock & Wilcox International Sales And Service Corporation, Babcock & Wilcox Canada Corp. and The Babcock & Wilcox Company on July 31, 2025. Annonce • Jun 26
Andritz AG (WBAG:ANDR) agreed to acquire Salico Spa. Andritz AG (WBAG:ANDR) signed an agreement to acquire Salico Spa on June 26, 2025. Closing of the transaction is expected within the next few weeks.
Riccardo Carraro and Barbara Calligaris of Adacta acted as financial and legal advisor for Salico Spa. Erick Berguer and Galo Gorrachategui Manso of PKF Attest acted as financial and legal advisor for Salico Spa. Annonce • May 02
Andritz AG Confirms Earnings Guidance for 2025 Andritz AG confirmed earnings guidance for 2025. For the year, the company's revenue is projected to be between EUR 8.0 billion and EUR 8.3 billion. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: €0.91 (vs €1.05 in 1Q 2024) First quarter 2025 results: EPS: €0.91 (down from €1.05 in 1Q 2024). Revenue: €1.79b (down 5.1% from 1Q 2024). Net income: €89.1m (down 15% from 1Q 2024). Profit margin: 5.0% (down from 5.5% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 29
Andritz AG Announces Supervisory Board Changes Andritz AG at its Annual General Meeting held on MARCH 27, 2025, announced Dr. Barbara Steger was elected as a new member of the Supervisory Board for the maximum period stipulated in the Articles of Association (that is until the day of the Annual General Meeting that decides on the discharge for the business year 2028). Alexander Isola stepped down from the Supervisory Board after nine years. Upcoming Dividend • Mar 24
Upcoming dividend of €2.60 per share Eligible shareholders must have bought the stock before 31 March 2025. Payment date: 03 April 2025. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (3.2%). Reported Earnings • Mar 07
Full year 2024 earnings released: EPS: €5.02 (vs €5.15 in FY 2023) Full year 2024 results: EPS: €5.02 (down from €5.15 in FY 2023). Revenue: €8.47b (down 2.3% from FY 2023). Net income: €496.5m (down 2.7% from FY 2023). Profit margin: 5.9% (in line with FY 2023). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 15% per year and the company’s share price has also increased by 15% per year. Annonce • Mar 07
Andritz AG announces Annual dividend, payable on April 03, 2025 Andritz AG announced Annual dividend of EUR 2.6000 per share payable on April 03, 2025, ex-date on March 31, 2025 and record date on April 01, 2025. Annonce • Jan 27
Andritz AG, Annual General Meeting, Mar 27, 2025 Andritz AG, Annual General Meeting, Mar 27, 2025. Annonce • Dec 05
Andritz AG (WBAG:ANDR) commences an Equity Buyback Plan, under the authorization approved on March 29, 2023. Andritz AG (WBAG:ANDR) commences share repurchases on August 5, 2024, under the program mandated by the shareholders in the Annual General Meeting held on March 29, 2023. As per the mandate, the company is authorized to repurchase its own shares. The maximum price to be paid for repurchase must not be more than €61.699 per share and the minimum price to be paid for repurchase should not be more than €1 per share. The company will cancel the repurchased shares. The authority will be valid for 30 months, from October 1, 2023.
On July 30, 2024, the company announced a share repurchase program. Under the program, the company will repurchase up to 2,080,000 shares, representing 2% of its issued share capital for €128.33 million. The share repurchase program will commence on August 5, 2024 and will end on January 31, 2025. Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: €1.20 (vs €1.26 in 3Q 2023) Third quarter 2024 results: EPS: €1.20 (down from €1.26 in 3Q 2023). Revenue: €2.04b (down 2.9% from 3Q 2023). Net income: €118.2m (down 5.3% from 3Q 2023). Profit margin: 5.8% (in line with 3Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annonce • Sep 05
Andritz AG (WBAG:ANDR) acquired PulpEye AB. Andritz AG (WBAG:ANDR) acquired PulpEye AB on September 3, 2024. Through the acquisition, Andritz 's automation and digitalization portfolio is enhanced by the addition of core pulp quality analyzers and measurements.
Andritz AG (WBAG:ANDR) completed the acquisition of PulpEye AB on September 3, 2024. Reported Earnings • Jul 26
Second quarter 2024 earnings released: EPS: €1.20 (vs €1.23 in 2Q 2023) Second quarter 2024 results: EPS: €1.20 (down from €1.23 in 2Q 2023). Revenue: €2.10b (down 2.1% from 2Q 2023). Net income: €119.7m (down 2.1% from 2Q 2023). Profit margin: 5.7% (in line with 2Q 2023). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annonce • Jun 06
Andritz AG (WBAG:ANDR) acquired Procemex Oy Ltd. Andritz AG (WBAG:ANDR) acquired Procemex Oy Ltd on June 4, 2024. Procemex operations will continue under the current leadership as well as under the strong product brand of Procemex for Vision System products.
Andritz AG (WBAG:ANDR) completed the acquisition of Procemex Oy Ltd on June 4, 2024. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: €1.05 (vs €1.06 in 1Q 2023) First quarter 2024 results: EPS: €1.05 (down from €1.06 in 1Q 2023). Revenue: €1.91b (down 2.5% from 1Q 2023). Net income: €104.4m (flat on 1Q 2023). Profit margin: 5.5% (up from 5.3% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annonce • Apr 11
Andritz AG (WBAG:ANDR) acquired 13.8% stake in HydrogenPro ASA (OB:HYPRO). Andritz AG (WBAG:ANDR) acquired 13.8% stake in HydrogenPro ASA (OB:HYPRO) on April 11, 2024.Andritz AG (WBAG:ANDR) completed the acquisition of 13.8% stake in HydrogenPro ASA (OB:HYPRO) on April 11, 2024. Upcoming Dividend • Mar 18
Upcoming dividend of €2.50 per share Eligible shareholders must have bought the stock before 25 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 49% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Lower than top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.2%). Declared Dividend • Mar 03
Dividend increased to €2.50 Dividend of €2.50 is 19% higher than last year. Ex-date: 25th March 2024 Payment date: 28th March 2024 Dividend yield will be 4.3%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: €5.15 (vs €4.14 in FY 2022) Full year 2023 results: EPS: €5.15 (up from €4.14 in FY 2022). Revenue: €8.79b (up 17% from FY 2022). Net income: €510.2m (up 25% from FY 2022). Profit margin: 5.8% (up from 5.4% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: €1.26 (vs €1.02 in 3Q 2022) Third quarter 2023 results: EPS: €1.26 (up from €1.02 in 3Q 2022). Revenue: €2.11b (up 11% from 3Q 2022). Net income: €124.8m (up 24% from 3Q 2022). Profit margin: 5.9% (up from 5.3% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annonce • Oct 27
Andritz AG (WBAG:ANDR) signed an agreement to acquire NAF AB from Flowserve Corporation (NYSE:FLS). Andritz AG (WBAG:ANDR) signed an agreement to acquire NAF AB from Flowserve Corporation (NYSE:FLS) on October 25, 2023.The completion of the transaction is subject to approval by the respective authorities. The closing is expected to take place in Q1 2024 Buying Opportunity • Aug 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 21%. The fair value is estimated to be €59.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.5% over the last 3 years. Earnings per share has grown by 33%. Revenue is forecast to grow by 3.3% in 2 years. Earnings is forecast to grow by 8.9% in the next 2 years. New Risk • Jul 28
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 39% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (39% accrual ratio). Minor Risk Dividend is not well covered by cash flows (340% cash payout ratio). Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: €1.23 (vs €0.97 in 2Q 2022) Second quarter 2023 results: EPS: €1.23 (up from €0.97 in 2Q 2022). Revenue: €2.15b (up 20% from 2Q 2022). Net income: €122.3m (up 28% from 2Q 2022). Profit margin: 5.7% (up from 5.3% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Annonce • Jun 08
Andritz AG (WBAG:ANDR) acquired 100% stake in Dan-Web Machinery A/S. Andritz AG (WBAG:ANDR) acquired 100% stake in Dan-Web Machinery A/S on June 7, 2023.Andritz AG (WBAG:ANDR) completed the acquisition of 100% stake in Dan-Web Machinery A/S on June 7, 2023. Upcoming Dividend • Mar 24
Upcoming dividend of €2.10 per share at 3.3% yield Eligible shareholders must have bought the stock before 31 March 2023. Payment date: 05 April 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Mar 10
Full year 2022 earnings released Full year 2022 results: Revenue: €7.54b (up 17% from FY 2021). Net income: €402.6m (up 24% from FY 2021). Profit margin: 5.3% (up from 5.0% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Buying Opportunity • Nov 11
Now 20% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be €65.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings is also forecast to grow by 7.4% per annum over the same time period. Reported Earnings • Nov 06
Third quarter 2022 earnings released: EPS: €1.02 (vs €0.76 in 3Q 2021) Third quarter 2022 results: EPS: €1.02 (up from €0.76 in 3Q 2021). Revenue: €1.89b (up 24% from 3Q 2021). Net income: €100.8m (up 32% from 3Q 2021). Profit margin: 5.3% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: €0.97 (vs €0.75 in 2Q 2021) Second quarter 2022 results: EPS: €0.97 (up from €0.75 in 2Q 2021). Revenue: €1.79b (up 17% from 2Q 2021). Net income: €95.7m (up 28% from 2Q 2021). Profit margin: 5.3% (up from 4.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 5.0%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 04
Upcoming dividend of €1.65 per share Eligible shareholders must have bought the stock before 11 April 2022. Payment date: 13 April 2022. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.0%. Within top quartile of German dividend payers (3.8%). Higher than average of industry peers (2.3%). Reported Earnings • Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: €3.28 (up from €2.08 in FY 2020). Revenue: €6.46b (down 3.6% from FY 2020). Net income: €325.5m (up 57% from FY 2020). Profit margin: 5.0% (up from 3.1% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.9%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS €0.76 (vs €0.53 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: €1.55b (down 7.1% from 3Q 2020). Net income: €76.2m (up 45% from 3Q 2020). Profit margin: 4.9% (up from 3.1% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS €0.75 (vs €0.54 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: €1.53b (down 7.8% from 2Q 2020). Net income: €74.6m (up 40% from 2Q 2020). Profit margin: 4.9% (up from 3.2% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • May 02
First quarter 2021 earnings released: EPS €0.63 (vs €0.32 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: €1.49b (down 1.2% from 1Q 2020). Net income: €62.1m (up 97% from 1Q 2020). Profit margin: 4.2% (up from 2.1% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Mar 19
Upcoming Dividend of €1.00 Per Share Will be paid on the 30th of March to those who are registered shareholders by the 26th of March. The trailing yield of 2.6% is below the top quartile of German dividend payers (3.3%), but it is higher than industry peers (1.2%). Reported Earnings • Mar 05
Full year 2020 earnings released: EPS €2.08 (vs €1.27 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €6.79b (up 1.6% from FY 2019). Net income: €207.1m (up 62% from FY 2019). Profit margin: 3.1% (up from 1.9% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue beats expectations Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is expected to shrink by 4.1% compared to a 5.9% growth forecast for the Machinery industry in Germany. Is New 90 Day High Low • Jan 06
New 90-day high: €38.00 The company is up 30% from its price of €29.34 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €52.82 per share. Is New 90 Day High Low • Dec 16
New 90-day high: €37.20 The company is up 38% from its price of €26.90 on 17 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €50.38 per share. Annonce • Dec 06
Andritz AG (WBAG:ANDR) has signed an agreement to acquire LM Industries. Andritz AG (WBAG:ANDR) has signed an agreement to acquire LM Industries on December 4, 2020. ANDRITZ will take over all Laroche entities and their business worldwide. Closing of the transaction is subject to customary closing conditions, including approval by the ANDRITZ Supervisory Board. Transaction is expected at the beginning of 2021. Reported Earnings • Nov 07
Third quarter 2020 earnings released: EPS €0.53 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: €1.67b (down 1.2% from 3Q 2019). Net income: €52.4m (up €83.4m from 3Q 2019). Profit margin: 3.1% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 3.6%. Over the next year, revenue is forecast to decline by -3.6% while the growth in Machinery industry in Germany is expected to stay flat. Is New 90 Day High Low • Nov 05
New 90-day high: €31.34 The company is up 9.0% from its price of €28.74 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €41.62 per share. Is New 90 Day High Low • Sep 23
New 90-day low: €25.74 The company is down 24% from its price of €33.72 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €39.36 per share.