ANDRITZ AG ANDRITZ GROUP
RESULTS
Q1 2024
APRIL 25, 2024
LEGAL DISCLAIMER
© ANDRITZ AG 2024
This presentation contains valuable, proprietary property belonging to ANDRITZ AG or its affiliates ("the ANDRITZ GROUP"), an d no licenses or other intellectual property rights are granted herein, nor shall the contents of this presentation form part of any sales contracts which may be concluded between the ANDRITZ GROUP companies and purchasers of any equipment and/or systems referenced herein. Please be awa re that the ANDRITZ GROUP actively and aggressively enforces its intellectual property rights to the fullest extent of applicable law. An y information contained herein (other than publicly available information) shall not be disclosed or reproduced, in whole or in part, electronically or in hard copy, to third parties. No information contained herein shall be used in any way either commercially or for any purpose other than internal viewing, reading, or evaluation of its contents by recipient and the ANDRITZ GROUP disclaims all liability arising from recipient's use or relianc e upon such information. Title in and to all intellectual property rights embodied in this presentation, and all information contained therein, is and shall remain with the ANDRITZ GROUP. None of the information contained herein shall be construed as legal, tax, or investment advice, and private c ounsel, accountants, or other professional advisers should be consulted and relied upon for any such advice.
All copyrightable text and graphics, the selection, arrangement, and presentation of all materials, and the overall design of this presentation are
© ANDRITZ GROUP 2024. All rights reserved. No part of this information or materials may be reproduced, retransmitted, display ed, distributed, or modified without the prior written approval of Owner. All trademarks and other names, logos, and icons identifying Owner's go ods and services are proprietary marks belonging to the ANDRITZ GROUP. If recipient is in doubt whether permission is needed for any type of use
of the contents of this presentation, please contact the ANDRITZ GROUP at welcome@andritz.com.
2 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1 2024 / APRIL 25, 2024 / © ANDRITZ GROUP
AGENDA
1
Q 1 2 0 2 4 AT A G L AN C E
STABLE Q1 2024 RESULTS DESPITE CHALLENGING MACRO ENVIRONMENT
- Overall order intake declined compared to high levels of last year; satisfactory volume in weak markets
- Increase in order intake for green technologies (Environment & Energy and Hydropower)
- Stable revenues
- Profitability remained stable
- Stable net income
4 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1 2024 / APRIL 25, 2024 / © ANDRITZ GROUP
STABLE Q1 2024 RESULTS DESPITE CHALLENGING
ENVIRONMENT
Major financial KPIs Q1 2024
ORDER INTAKE
2.0 billion EUR
(Q1 2023: 2.4 billion EUR / -19%)
EBITA (reported)
152 MEUR
(Q1 2023: 159 MEUR / -4%)
REVENUE
1.9 billion EUR
(Q1 2023: 2.0 billion EUR / -4%)
EBITA Margin (reported)
8.1%
(Q1 2023: 8.1%)
ORDER BACKLOG
10.0 billion EUR
(Q1 2023: 10.4 billion EUR / -4%)
NET INCOME
(incl. non-controlling interests)
104 MEUR (5.5%)*
(Q1 2023: 103 MEUR (5.2%) / +2%)
*Net Income Margin
5 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1 2024 / APRIL 25, 2024 / © ANDRITZ GROUP
WELL ON TRACK TO REACH 2025 ESG GOALS; STATUS AT THE END OF 2023
ENVIRONMENT
45% | Share of revenue from |
sustainable solutions | |
and products | |
2025 target: 50% | |
18% | Reduction in water |
consumption | |
2025 target: 10%* | |
36% | Reduction in greenhouse |
gas emissions (Scope1+2) | |
2025 target: 50%* | |
19% | Reduction in waste |
volume |
2025 target: 10%*
SOCIAL
7% | Reduction in the annual | |
accident frequency rate | ||
(>1 day of absence) y/y | ||
y/y target: 30% | ||
17% | Share of women | |
in the workforce | ||
2025 target: 20% | ||
5% | Yearly fluctuation rate | |
as a result of voluntary |
resignations
2025 target: <4.5%
GOVERNANCE
90% | Procurement volume |
covered by assessed | |
suppliers |
2025 target: 85% | |
0 | No infringements, achieved |
by implementing the highest | |
corporate compliance | |
standards | |
y/y target: 0 | |
0 | No event-drivenprofit |
warnings, achieved by |
detecting company risks at an early stage
y/y target: 0
6 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1 2024 / APRIL 25, 2024 / © ANDRITZ GROUP
Note: * Reference year 2019
INVESTMENT IN GREEN HYDROGEN
Further strengthening our strongly growing Environment & Energy platform
- ANDRITZ acquired a 13.8% stake in Norwegian tech- company HydrogenPro
- Building on an already existing and successful partnership
- HydrogenPro provides pressurized alkaline electrolyzer components and technology
- ANDRITZ assembles electrolyzer stack & supplies green hydrogen solutions
- Together, ANDRITZ and HydrogenPro can provide integrated solutions for the supply of green hydrogen plants
7 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1 2024 / APRIL 25, 2024 / © ANDRITZ GROUP
AGENDA
2
P E R F O R M AN C E Q 1 2 0 2 4
ORDER INTAKE SATISFACTORY GIVEN THE OVERALL CHALLENGING MACRO ENVIRONMENT
ORDER INTAKE* | ORDER INTAKE BY BUSINESS AREA* | ORDER INTAKE BY REGION |
-19% | |
2,420 | |
1,950 | |
Q1 2023 | Q1 2024 |
*IN MEUR
Q1 2024 VS. Q1 2023 (%) | |||||
Q1 2024 | Q1 2023 | +/- | |||
Pulp & Paper | 642.5 | 968.4 | -34% | Emerging | Europe / |
Metals | 349.1 | 669.3 | -48% | ||
markets | North America | ||||
Hydropower | 497.6 | 429.3 | 16% | 45% (43%) | 55% (57%) |
Environment & Energy | 461.1 | 353.2 | 31% |
ORDER INTAKE SPLIT: CAPITAL / SERVICE
Q1 2024 VS. Q1 2023 (%)
Capital | Service |
44% (57%) | |
56% (43%) | |
- Pulp & Paper: drop in OI from high level of the previous year due to very weak market for capital investments; stable development of Service business
- Metals: significant decline attributable to lower investment activity
- Hydropower: OI increase driven by small & mid-sized capital investments as well as solid Service business
- Environment & Energy: strong growth across all business segments
9 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1 2024 / APRIL 25, 2024 / © ANDRITZ GROUP
STABLE REVENUE DEVELOPMENT
REVENUE* | |
-4% | |
1,963 | 1,886 |
Q1 2023 | Q1 2024 |
*IN MEUR
REVENUE BY BUSINESS AREA* | |||
Q1 2024 | Q1 2023 | +/- | |
Pulp & Paper | 832.3 | 887.3 | -6% |
Metals | 439.5 | 421.8 | +4% |
Hydropower | 302.3 | 355.6 | -15% |
Environment & Energy | 312.3 | 297.9 | +5% |
REVENUE BY REGION
Q1 2024 VS. Q1 2023 (%)
Emerging | Europe / |
markets | North America |
42% (48%) | 58% (52%) |
REVENUE SPLIT: CAPITAL / SERVICE
Q1 2024 VS. Q1 2023 (%)
Capital | Service |
60% (61%) | |
40% (39%) | |
- Satisfactory revenue growth in Metals and Environment & Energy
- Decrease in Pulp & Paper and Hydropower
10 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1 2024 / APRIL 25, 2024 / © ANDRITZ GROUP
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Andritz AG published this content on 25 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2024 07:14:19 UTC.
