- 29.10.2026, 07:30:38
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- EQS0004
EQS-News: ANDRITZ achieves high order intake and strong revenue growth in Q3 2026
EQS-News: Andritz AG / Key word(s): Quarter Results/9 Month figures
ANDRITZ achieves high order intake and strong revenue growth in Q3 2026
29.10.2026 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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GRAZ, OCTOBER 29, 2026. International technology group ANDRITZ recorded solid business
development in the third quarter of 2026: the group’s order intake remained at a high
level, reaching 2,166.2 MEUR (-0.6% vs. Q3 2025: 2,180.0 MEUR) and thus exceeding the
two-billion-euro mark for the eighth consecutive quarter. Demand continued to be
supported by investments in renewable power generation, electrification, and
technologies supporting the circular economy.
In the third quarter, revenue grew strongly by 9.2%, while profitability (comparable
EBITA margin) remained stable at the high level of 9.0% (Q3 2025: 8.9%) and net income
increased by 14.4%. The order backlog reached another record high of 12,729.1 MEUR
(+21.7% compared to year-end 2025), providing a solid basis for future revenue growth.
Order intake driven by Hydropower and Metals
In Hydropower, order intake increased to 703.9 MEUR (+34.2% vs. Q3 2025: 524.5 MEUR),
supported by demand for renewable energy and the modernization of existing hydropower
plants. Major orders included the modernization of the Gabčíkovo hydropower plant
(Slovakia’s largest hydroelectric facility), generator equipment for the Nes hydropower
plant in Norway, and turbine refurbishment for the Sampolo pumped-storage project in
France. These projects reflect continued investment in renewable power generation,
energy storage, and grid stability. Supported by the execution of the strong order
backlog, revenue increased significantly by 25.4%.
Order intake in the Pulp & Paper business area amounted to 706.8 MEUR (-24.5% vs. Q3
2025: 935.7 MEUR), following a particularly strong prior-year quarter. Important orders
in China included pulp production equipment and recovery boilers, reflecting the
continued trend toward backward integration by Chinese paper producers and reinforcing
ANDRITZ’s strong position in the Chinese market. In South America, ANDRITZ received an
order for a complete paper production line. Revenue increased by 8.8%.
In the Metals sector, order intake increased to 357.4 MEUR (+20.8% vs. Q3 2025:
295.8 MEUR) from a low prior-year base. Orders included steel processing equipment in
the US and India, as well as laser blanking and hot stamping lines for car
manufacturers in the US. Revenue remained stable (-0.4%).
In Environment & Energy, order intake amounted to 398.1 MEUR (-6.1% vs. Q3 2025:
424.0 MEUR). Orders came mainly from North America and Europe. The most active markets
were energy, water management, and the metals industry. Revenue increased by 3.1%,
supported by higher revenue in the Feed & Biofuel and Clean Air Technologies divisions.
ANDRITZ CEO Joachim Schönbeck commented: “Revenue and earnings grew significantly in
the third quarter, and our order backlog reached a new record high. We will continue to
push for further improvements and turn our strong order backlog into profitable
growth.”
Outlook for the full year 2026 confirmed
ANDRITZ confirms its 2026 guidance: The group expects project activity to remain at the
current high level. ANDRITZ still foresees a return to growth and 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 group’s medium-term financial targets, presented at the Capital Markets Day in
October 2026, include revenue growth to 10 billion EUR and reaching a comparable EBITA
margin of 10% by 2029.
The key financial figures developed as follows during the reporting period:
• Order intake in the third quarter reached 2,166.2 MEUR (-0.6% vs. Q3 2025:
2,180.0 MEUR) and rose to 8,085.9 MEUR in the first three quarters of 2026 (+17.1%
vs. Q1-Q3 2025: 6,906.6 MEUR). The strong year-to-date increase was driven by
Hydropower and Metals. In the third quarter, order intake in Hydropower rose to
703.9 MEUR (+34.2% vs. Q3 2025: 524.5 MEUR) and in Metals to 357.4 MEUR (+20.8% vs.
Q3 2025: 295.8 MEUR). Order intake in Pulp & Paper decreased to 706.8 MEUR (-24.5%
vs. Q3 2025: 935.7 MEUR) while Environment & Energy reached 398.1 MEUR (-6.1% vs.
Q3 2025: 424.0 MEUR).
• The order backlog as of September 30, 2026 amounted to 12,729.1 MEUR, reaching a
record high in the company's history and increasing by 21.7% compared to the end of
2025 (10,457.5 MEUR).
• Revenue in the third quarter of 2026 reached 2,059.6 MEUR, increasing by 9.2%
compared to the previous year's reference period (Q3 2025: 1,886.9 MEUR). In Q1-Q3
2026, revenue amounted to 5,900.9 MEUR (+6.5% vs. Q1-Q3 2025: 5,538.4 MEUR). The
revenue increase in Q3 was mainly driven by Hydropower, which achieved revenue of
501.1 MEUR (+25.4% vs. Q3 2025: 399.7 MEUR). Pulp & Paper also contributed to
growth with revenue of 767.3 MEUR (+8.8% vs. Q3 2025: 705.3 MEUR), while Metals
remained stable at 422.3 MEUR (-0.4% vs. Q3 2025: 424.0 MEUR) and Environment &
Energy showed an increase to 368.9 MEUR (+3.1% vs. Q3 2025: 357.9 MEUR).
• The comparable EBITA in the third quarter of 2026 increased to 184.9 MEUR (+10.3%
vs. Q3 2025: 167.6 MEUR) while profitability (comparable EBITA margin) remained
stable at 9.0% (Q3 2025: 8.9%). In the first three quarters of 2026, the comparable
EBITA rose to 514.6 MEUR (+9.3% vs. Q1-Q3 2025: 470.8 MEUR) while the comparable
EBITA margin reached 8.7% (Q1-Q3 2025: 8.5%).
• EBITA amounted to 175.9 MEUR in the third quarter of 2026 (+10.0% vs. Q3 2025:
159.9 MEUR) and to 488.1 MEUR in the first three quarters of 2026 (+8.8% vs. Q1-Q3
2025: 448.6 MEUR).
• The net income (including non-controlling interests) increased to 127.3 MEUR
(+14.4% vs. Q3 2025: 111.3 MEUR). In the first three quarters of 2026, it amounted
to 328.3 MEUR (+8.4% vs. Q1-Q3 2025: 302.9 MEUR).
KEY FINANCIAL FIGURES AT A GLANCE
Q1-Q3 Q1-Q3 Q3 Q3
Unit 2026 2025 +/- 2026 2025 +/- 2025
Revenue MEUR 5,900.9 5,538.4 6.5% 2,059.6 1,886.9 9.2% 7,883.1
- Pulp & Paper MEUR 2,237.3 2,084.0 7.4% 767.3 705.3 8.8% 2,956.9
- Metals MEUR 1,231.7 1,217.8 1.1% 422.3 424.0 -0.4% 1,694.1
- Hydropower MEUR 1,373.8 1,175.2 16.9% 501.1 399.7 25.4% 1,729.5
- Environment &
Energy MEUR 1,058.1 1,061.4 -0.3% 368.9 357.9 3.1% 1,502.6
Order intake MEUR 8,085.9 6,906.6 17.1% 2,166.2 2,180.0 -0.6% 8,909.8
- Pulp & Paper MEUR 2,593.1 2,669.0 -2.8% 706.8 935.7 -24.5% 3,348.1
- Metals % 1,267.5 1,168.1 8.5% 357.4 295.8 20.8% 1,479.4
- Hydropower MEUR 3,149.8 1,869.9 68.4% 703.9 524.5 34.2% 2,516.1
- Environment &
Energy MEUR 1,075.5 1,199.6 -10.3% 398.1 424.0 -6.1% 1,566.2
Order backlog
(as of end of period) MEUR 12,729.1 10,799.3 17.9% 12,729.1 10,799.3 17.9% 10,457.5
EBITDA MEUR 627.3 577.8 8.6% 223.1 203.5 9.6% 823.4
EBITDA margin % 10.6 10.4 - 10.8 10.8 - 10.4
Comparable EBITA MEUR 514.6 470.8 9.3% 184.9 167.6 10.3% 698.4
Comparable EBITA
margin % 8.7 8.5 - 9.0 8.9 - 8.9
EBITA MEUR 488.1 448.6 8.8% 175.9 159.9 10.0% 648.2
EBITA margin % 8.3 8.1 - 8.5 8.5 - 8.2
Earnings Before
Interest
and Taxes (EBIT) MEUR 445.8 397.3 12.2% 163.7 139.5 17.3% 582.8
Financial result MEUR -16.6 8.6 -293.0% -3.6 9.1 -139.6% 16.5
Earnings Before Taxes
(EBT) MEUR 429.2 405.9 5.7% 160.1 148.6 7.7% 599.3
Net income (including
non-controlling
interests) MEUR 328.3 302.9 8.4% 127.3 111.3 14.4% 457.1
Cash flow from
operating activities MEUR 610.6 313.5 - 319.8 144.8 - 652.7
Capital expenditure MEUR 200.1 164.0 22.0% 69.0 65.6 5.2% 269.5
Basic earnings per
no-par value share EUR 3.33 3.10 7.4% 1.29 1.14 13.2% 4.67
Diluted earnings per
no-par value share EUR 3.32 3.09 7.4% 1.28 1.14 13.2% 4.65
Employees (as of end
of period;
without apprentices) - 30,738 30,504 0.8% 30,738 30,504 0.8% 30,346
All figures according to IFRS. Due to the utilization of automatic calculation
programs, differences can arise in the addition of rounded totals and percentages. MEUR
= million euros. EUR = euros.
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][email protected]
[3]andritz.com
Matthias Pfeifenberger
Head of Investor Relations
[4][email protected]
[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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29.10.2026 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: [email protected]
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
LEI Code: 549300VZKC61IR5U8G96
EQS News ID: 2424124
End of News EQS News Service
2424124 29.10.2026 CET/CEST
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