View ValuationAndritz 将来の成長Future 基準チェック /26Andritz利益と収益がそれぞれ年間11.8%と6.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に20.4% 11.3%なると予測されています。主要情報11.8%収益成長率11.32%EPS成長率Machinery 収益成長24.8%収益成長率6.3%将来の株主資本利益率20.41%アナリストカバレッジGood最終更新日30 Apr 2026今後の成長に関する最新情報お知らせ • Feb 07Andritz AG Provides Earnings Guidance for the Full Year 2026Andritz 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.お知らせ • May 02Andritz AG Confirms Earnings Guidance for 2025Andritz 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.すべての更新を表示Recent updatesReported Earnings • Apr 30First 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.お知らせ • Mar 28Andritz Ag Approves Dividend for the Financial Year 2025, Payable on April 2, 2026Andritz 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 16Dividend increased to €2.70Dividend 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 06Full 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.お知らせ • Feb 07Andritz AG Provides Earnings Guidance for the Full Year 2026Andritz 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.お知らせ • Dec 09Andritz AG, Annual General Meeting, Mar 26, 2026Andritz AG, Annual General Meeting, Mar 26, 2026.Reported Earnings • Nov 02Third 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.お知らせ • Oct 09+ 3 more updatesAndritz AG to Report First Half, 2026 Results on Jul 30, 2026Andritz AG announced that they will report first half, 2026 results on Jul 30, 2026Reported Earnings • Aug 01Second 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.お知らせ • Aug 01Andritz 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.お知らせ • Jun 26Andritz 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.お知らせ • May 02Andritz AG Confirms Earnings Guidance for 2025Andritz 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 02First 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.お知らせ • Mar 29Andritz AG Announces Supervisory Board ChangesAndritz 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 24Upcoming dividend of €2.60 per shareEligible 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 07Full 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.お知らせ • Mar 07Andritz AG announces Annual dividend, payable on April 03, 2025Andritz 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.お知らせ • Jan 27Andritz AG, Annual General Meeting, Mar 27, 2025Andritz AG, Annual General Meeting, Mar 27, 2025.お知らせ • Dec 05Andritz 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 03Third 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.お知らせ • Nov 01+ 3 more updatesAndritz AG to Report Nine Months, 2025 Results on Oct 30, 2025Andritz AG announced that they will report nine months, 2025 results on Oct 30, 2025お知らせ • Sep 05Andritz 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.お知らせ • Aug 09+ 1 more updateANDRITZ AG Announces CFO ChangesANDRITZ AG appointed Vanessa Hellwing as new CFO, effective end of March 2025. She will succeed Norbert Nettesheim as Chief Financial Officer (CFO) on March 28, 2025. Norbert Nettesheim will retire at his own request on March 27, 2025, after 36 years of a successful professional career. As member of the ANDRITZ Executive Board and CFO since 2019, he has been instrumental in the success of the company, consistently delivering outstanding results and providing excellent support. His commitment to the ANDRITZ vision and his inspiring leadership have been greatly appreciated. Vanessa Hellwing joins ANDRITZ from the position of CFO at Viessmann Climate Solutions SE. She brings extensive and diverse financial leadership experience to her role as CFO at ANDRITZ. For more than two decades, she has successfully managed and transformed financial operations at several global companies in the engineering industry. Vanessa Hellwing's proven track record makes her a valuable asset to the ANDRITZ team.Reported Earnings • Jul 26Second 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.お知らせ • Jun 06Andritz 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 25First 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.お知らせ • Apr 11Andritz 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 18Upcoming dividend of €2.50 per shareEligible 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 03Dividend increased to €2.50Dividend 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 01Full 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 02Third 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.お知らせ • Oct 27Andritz 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お知らせ • Aug 19+ 1 more updateAndritz AG Announces Executive ChangesAndritz AG announced that Jarno Nymark (M.Sc. Eng.) has been appointed to the Executive Board as of October 1, 2023, assuming responsibility for the Pulp & Paper Business Area. Previously, the business area was led by Joachim Schönbeck for the capital business and Humbert Köfler for the service business. In the future, Joachim Schönbeck will focus on his role as President and CEO of ANDRITZ, while Humbert Köfler will retire after 36 years with the company. Jarno Nymark currently works as Senior VP and Global Division Manager for Fiber Technologies. He assumed this role in 2022, prior to which he successfully held various global management positions in Finland, Germany and China.Buying Opportunity • Aug 07Now 21% undervalued after recent price dropOver 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 28New major risk - Earnings qualityThe 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 28Second 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.お知らせ • Jun 27+ 4 more updatesAndritz AG, Annual General Meeting, Mar 21, 2024Andritz AG, Annual General Meeting, Mar 21, 2024. Location: Graz Congress Graz Austriaお知らせ • Jun 08Andritz 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 24Upcoming dividend of €2.10 per share at 3.3% yieldEligible 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 10Full year 2022 earnings releasedFull 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 11Now 20% undervaluedOver 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 06Third 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 31Second 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.お知らせ • May 27+ 1 more updateAndritz AG to Report Nine Months, 2023 Results on Nov 03, 2023Andritz AG announced that they will report nine months, 2023 results on Nov 03, 2023Upcoming Dividend • Apr 04Upcoming dividend of €1.65 per shareEligible 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 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 07Third 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 01Second 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 02First 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 19Upcoming Dividend of €1.00 Per ShareWill 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 05Full 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 05Revenue beats expectationsRevenue 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 06New 90-day high: €38.00The 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 16New 90-day high: €37.20The 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.お知らせ • Dec 06Andritz 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 07Third quarter 2020 earnings released: EPS €0.53The 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 07Revenue beats expectationsRevenue 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 05New 90-day high: €31.34The 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 23New 90-day low: €25.74The 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.お知らせ • Aug 18+ 3 more updatesAndritz AG to Report Q1, 2021 Results on Apr 29, 2021Andritz AG announced that they will report Q1, 2021 results at 1:07 PM, GMT Standard Time on Apr 29, 2021業績と収益の成長予測XTRA:AZ2 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20289,398628590881512/31/20278,791562548700612/31/20268,19848966886763/31/20267,925459473669N/A12/31/20257,895456455653N/A9/30/20257,841457342546N/A6/30/20257,996464303497N/A3/31/20258,204481228424N/A12/31/20248,328497457637N/A9/30/20248,485501526704N/A6/30/20248,547508587763N/A3/31/20248,591510525692N/A12/31/20238,667510204375N/A9/30/20238,555493181343N/A6/30/20238,34146961218N/A3/31/20237,984443299452N/A12/31/20227,548410556711N/A9/30/20227,124381647789N/A6/30/20226,754356654790N/A3/31/20226,498335563688N/A12/31/20216,465326419530N/A9/30/20216,407283295390N/A6/30/20216,555259429515N/A3/31/20216,685238386474N/A12/31/20206,703207374462N/A9/30/20206,773219535638N/A6/30/20206,794135537650N/A3/31/20206,703126704822N/A12/31/20196,680128N/A822N/A9/30/20196,584111N/A532N/A6/30/20196,331199N/A381N/A3/31/20196,231212N/A87N/A12/31/20186,033222N/A8N/A9/30/20185,949230N/A32N/A6/30/20185,877233N/A64N/A3/31/20185,800244N/A75N/A12/31/20175,896263N/A247N/A9/30/20175,951270N/A150N/A6/30/20176,065285N/A248N/A3/31/20176,146285N/A347N/A12/31/20166,044275N/A367N/A9/30/20166,029281N/A392N/A6/30/20166,135274N/A388N/A3/31/20166,262276N/A310N/A12/31/20156,382268N/A179N/A9/30/20156,335269N/A249N/A6/30/20156,214258N/A285N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: AZ2の予測収益成長率 (年間11.8% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: AZ2の収益 ( 11.8% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: AZ2の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: AZ2の収益 ( 6.3% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: AZ2の収益 ( 6.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: AZ2の 自己資本利益率 は、3年後には高くなると予測されています ( 20.4 %)成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 12:32終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Andritz AG 6 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。17 アナリスト機関Jonathan William CoubroughBerenbergSebastian GroweBNP ParibasIngo-Martin SchachelBNP Paribas14 その他のアナリストを表示
お知らせ • Feb 07Andritz AG Provides Earnings Guidance for the Full Year 2026Andritz 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.
お知らせ • May 02Andritz AG Confirms Earnings Guidance for 2025Andritz 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 • Apr 30First 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.
お知らせ • Mar 28Andritz Ag Approves Dividend for the Financial Year 2025, Payable on April 2, 2026Andritz 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 16Dividend increased to €2.70Dividend 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 06Full 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.
お知らせ • Feb 07Andritz AG Provides Earnings Guidance for the Full Year 2026Andritz 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.
お知らせ • Dec 09Andritz AG, Annual General Meeting, Mar 26, 2026Andritz AG, Annual General Meeting, Mar 26, 2026.
Reported Earnings • Nov 02Third 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.
お知らせ • Oct 09+ 3 more updatesAndritz AG to Report First Half, 2026 Results on Jul 30, 2026Andritz AG announced that they will report first half, 2026 results on Jul 30, 2026
Reported Earnings • Aug 01Second 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.
お知らせ • Aug 01Andritz 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.
お知らせ • Jun 26Andritz 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.
お知らせ • May 02Andritz AG Confirms Earnings Guidance for 2025Andritz 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 02First 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.
お知らせ • Mar 29Andritz AG Announces Supervisory Board ChangesAndritz 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 24Upcoming dividend of €2.60 per shareEligible 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 07Full 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.
お知らせ • Mar 07Andritz AG announces Annual dividend, payable on April 03, 2025Andritz 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.
お知らせ • Jan 27Andritz AG, Annual General Meeting, Mar 27, 2025Andritz AG, Annual General Meeting, Mar 27, 2025.
お知らせ • Dec 05Andritz 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 03Third 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.
お知らせ • Nov 01+ 3 more updatesAndritz AG to Report Nine Months, 2025 Results on Oct 30, 2025Andritz AG announced that they will report nine months, 2025 results on Oct 30, 2025
お知らせ • Sep 05Andritz 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.
お知らせ • Aug 09+ 1 more updateANDRITZ AG Announces CFO ChangesANDRITZ AG appointed Vanessa Hellwing as new CFO, effective end of March 2025. She will succeed Norbert Nettesheim as Chief Financial Officer (CFO) on March 28, 2025. Norbert Nettesheim will retire at his own request on March 27, 2025, after 36 years of a successful professional career. As member of the ANDRITZ Executive Board and CFO since 2019, he has been instrumental in the success of the company, consistently delivering outstanding results and providing excellent support. His commitment to the ANDRITZ vision and his inspiring leadership have been greatly appreciated. Vanessa Hellwing joins ANDRITZ from the position of CFO at Viessmann Climate Solutions SE. She brings extensive and diverse financial leadership experience to her role as CFO at ANDRITZ. For more than two decades, she has successfully managed and transformed financial operations at several global companies in the engineering industry. Vanessa Hellwing's proven track record makes her a valuable asset to the ANDRITZ team.
Reported Earnings • Jul 26Second 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.
お知らせ • Jun 06Andritz 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 25First 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.
お知らせ • Apr 11Andritz 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 18Upcoming dividend of €2.50 per shareEligible 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 03Dividend increased to €2.50Dividend 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 01Full 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 02Third 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.
お知らせ • Oct 27Andritz 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
お知らせ • Aug 19+ 1 more updateAndritz AG Announces Executive ChangesAndritz AG announced that Jarno Nymark (M.Sc. Eng.) has been appointed to the Executive Board as of October 1, 2023, assuming responsibility for the Pulp & Paper Business Area. Previously, the business area was led by Joachim Schönbeck for the capital business and Humbert Köfler for the service business. In the future, Joachim Schönbeck will focus on his role as President and CEO of ANDRITZ, while Humbert Köfler will retire after 36 years with the company. Jarno Nymark currently works as Senior VP and Global Division Manager for Fiber Technologies. He assumed this role in 2022, prior to which he successfully held various global management positions in Finland, Germany and China.
Buying Opportunity • Aug 07Now 21% undervalued after recent price dropOver 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 28New major risk - Earnings qualityThe 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 28Second 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.
お知らせ • Jun 27+ 4 more updatesAndritz AG, Annual General Meeting, Mar 21, 2024Andritz AG, Annual General Meeting, Mar 21, 2024. Location: Graz Congress Graz Austria
お知らせ • Jun 08Andritz 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 24Upcoming dividend of €2.10 per share at 3.3% yieldEligible 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 10Full year 2022 earnings releasedFull 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 11Now 20% undervaluedOver 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 06Third 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 31Second 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.
お知らせ • May 27+ 1 more updateAndritz AG to Report Nine Months, 2023 Results on Nov 03, 2023Andritz AG announced that they will report nine months, 2023 results on Nov 03, 2023
Upcoming Dividend • Apr 04Upcoming dividend of €1.65 per shareEligible 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 09Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull 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 07Third 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 01Second 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 02First 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 19Upcoming Dividend of €1.00 Per ShareWill 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 05Full 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 05Revenue beats expectationsRevenue 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 06New 90-day high: €38.00The 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 16New 90-day high: €37.20The 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.
お知らせ • Dec 06Andritz 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 07Third quarter 2020 earnings released: EPS €0.53The 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 07Revenue beats expectationsRevenue 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 05New 90-day high: €31.34The 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 23New 90-day low: €25.74The 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.
お知らせ • Aug 18+ 3 more updatesAndritz AG to Report Q1, 2021 Results on Apr 29, 2021Andritz AG announced that they will report Q1, 2021 results at 1:07 PM, GMT Standard Time on Apr 29, 2021