ANDRITZ at a glance
ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of innovative plants, equipment, systems and services for the pulp and paper industry, the hydropower sector, the metals processing and forming industry, pumps, solid/liquid separation in the municipal and industrial sectors, as well as animal feed and biomass pelleting. Plants for power generation, flue gas cleaning, recycling, and the production of nonwovens and panelboard complete the global product and service offering.
Innovative products and services in the industrial digitalization sector are offered under the brand name Metris and help customers to make their plants more user-friendly, efficient and profitable.
The publicly listed group has around 27,200 employees and more than 280 locations in over 40 countries.
Unit | 2020 | 2019 | 2018 | 2017 | 2016 | |
Order intake | MEUR | 6,108.0 | 7,282.0 | 6,646.2 | 5,579.5 | 5,568.8 |
Order backlog (as of end of period) | MEUR | 6,774.0 | 7,777.6 | 7,084.3 | 6,383.0 | 6,789.2 |
Revenue | MEUR | 6,699.6 | 6,673.9 | 6,031.5 | 5,889.1 | 6,039.0 |
| EBITDA1 | MEUR | 571.1 | 537.6 | 498.0 | 541.7 | 542.4 |
EBITDA margin | % | 8.5 | 8.1 | 8.3 | 9.2 | 9.0 |
| EBITA2 | MEUR | 391.7 | 343.2 | 394.3 | 444.0 | 442.1 |
EBITA margin | % | 5.8 | 5.1 | 6.5 | 7.5 | 7.3 |
Earnings Before Interest and Taxes (EBIT) | MEUR | 315.0 | 237.9 | 321.6 | 399.3 | 385.8 |
EBIT margin | % | 4.7 | 3.6 | 5.3 | 6.8 | 6.4 |
Earnings Before Taxes (EBT) | MEUR | 280.9 | 180.9 | 304.2 | 400.6 | 398.4 |
Net income (including non-controlling interests) | MEUR | 203.7 | 122.8 | 219.7 | 265.6 | 274.8 |
Non-current assets | MEUR | 2,497.5 | 2,705.5 | 2,629.5 | 1,860.8 | 1,913.7 |
Current assets | MEUR | 4,559.2 | 4,528.6 | 4,289.1 | 4,404.5 | 4,284.9 |
| Total shareholders' equity3 | MEUR | 1,255.7 | 1,219.6 | 1,330.8 | 1,325.4 | 1,344.2 |
Provisions | MEUR | 691.0 | 1,083.1 | 1,017.7 | 1,066.1 | 1,118.9 |
Liabilities | MEUR | 5,110.0 | 4,931.4 | 4,570.1 | 3,873.8 | 3,735.5 |
Total assets | MEUR | 7,056.7 | 7,234.1 | 6,918.6 | 6,265.3 | 6,198.6 |
| Equity ratio4 | % | 17.8 | 16.9 | 19.2 | 21.2 | 21.7 |
| Liquid funds5 | MEUR | 1,719.3 | 1,609.8 | 1,279.7 | 1,772.3 | 1,507.1 |
| Net liquidity6 | MEUR | 420.9 | 244.9 | -99.6 | 908.0 | 945.3 |
Cash flow from operating activities | MEUR | 461.5 | 821.6 | 7.8 | 246.5 | 366.6 |
| Capital expenditure7 | MEUR | 131.8 | 157.1 | 137.0 | 116.8 | 119.5 |
Employees (as of end or period; without apprentices) | - | 27,232 | 29,513 | 29,096 | 25,566 | 25,162 |
1) Earnings Before Interest, Taxes, Depreciation, and Amortization
2) Earnings Before Interest, Taxes, Amortization and impairment of identifiable assets acquired in a business combination and recognized separately from goodwill amounting to 72.0 MEUR (2019: 76.2 MEUR), and impairment of goodwill at the amount of 4.7 MEUR (2019: 29.1 MEUR)
3) Total shareholders’ equity including non-controlling interests
4) Total shareholders’ equity/total assets
5) Cash and cash equivalents plus investments plus Schuldscheindarlehen
6) Liquid funds plus fair value of interest rate swaps minus financial liabilities
7) Additions to intangible assets and property, plant, and equipment
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, TEUR = thousand euros.
PULP & PAPER
ANDRITZ Pulp & Paper provides equipment, systems, complete plants and services for the production of all types of pulp, paper, board and tissue. The technologies and services focus on maximum utilization of raw materials, increased production efficiency and sustainability as well as lower overall operating costs. Boilers for power generation, flue gas cleaning systems, plants for the production of nonwovens and panelboard (MDF), as well as recycling and shredding solutions for various waste materials also form a part of this business area. State-of-the-art IIoT technologies as part of Metris digitalization solutions complete the comprehensive product offering.
Unit | 2020 | 2019 | 2018 | 2017 | 2016 | |
Order intake | MEUR | 2,961.1 | 3,632.5 | 2,571.9 | 2,033.4 | 1,919.5 |
Order backlog (as of end of period) | MEUR | 2,591.0 | 3,164.3 | 2,421.1 | 1,787.0 | 1,803.3 |
Revenue | MEUR | 3,339.0 | 2,869.5 | 2,233.2 | 2,059.7 | 2,094.4 |
EBITDA | MEUR | 399.6 | 351.4 | 258.4 | 221.5 | 207.7 |
EBITDA margin | % | 12.0 | 12.2 | 11.6 | 10.8 | 9.9 |
EBITA | MEUR | 322.7 | 271.0 | 222.1 | 194.9 | 182.2 |
EBITA margin | % | 9.7 | 9.4 | 9.9 | 9.5 | 8.7 |
Capital expenditure | MEUR | 64.1 | 63.3 | 33.8 | 42.1 | 34.1 |
Employees (as of end of period; without apprentices) | - | 11,127 | 11,984 | 11,435 | 8,002 | 7,522 |
METALS
ANDRITZ Metals is – via the Schuler Group – one of the world’s leading suppliers of technologies, plants and digital solutions in metal forming. The product portfolio also includes automation and software solutions, process know-how and service.
In the metals processing segment, the business area offers innovative and market-leading solutions for the production and processing of flat products, for welding systems and furnaces, as well as services for the metals processing industry.
Unit | 2020 | 2019 | 2018 | 2017 | 2016 | |
Order intake | MEUR | 1,143.6 | 1,582.2 | 1,931.8 | 1,606.5 | 1,551.5 |
Order backlog (as of end of period) | MEUR | 1,181.6 | 1,532.7 | 1,591.6 | 1,309.7 | 1,369.0 |
Revenue | MEUR | 1,420.5 | 1,636.9 | 1,635.1 | 1,643.5 | 1,598.4 |
EBITDA | MEUR | 5.5 | -1.5 | 57.8 | 129.7 | 141.7 |
EBITDA margin | % | 0.4 | -0.1 | 3.5 | 7.9 | 8.9 |
EBITA | MEUR | -46.7 | -73.8 | 27.3 | 98.6 | 115.2 |
EBITA margin | % | -3.3 | -4.5 | 1.7 | 6.0 | 7.2 |
Capital expenditure | MEUR | 26.5 | 30.8 | 36.1 | 29.7 | 49.1 |
Employees (as of end of period; without apprentices) | - | 6,513 | 7,485 | 7,818 | 7,573 | 7,608 |
HYDRO
ANDRITZ Hydro is one of the globally leading suppliers of electromechanical equipment and services for hydropower plants. With over 180 years of experience and an installed fleet of more than 470 GW output, the business area provides complete solutions for hydropower plants of all sizes as well as services for plant diagnosis, refurbishment, modernization and upgrade of existing hydropower assets. Pumps for irrigation, water supply and flood control as well as turbo generators are also part of this business area’s portfolio.
| Unit | 2020 | 2019 | 2018 | 2017 | 2016 | |
| Order intake | MEUR | 1,335.4 | 1,350.2 | 1,445.8 | 1,317.2 | 1,500.3 |
| Order backlog (as of end of period) | MEUR | 2,587.9 | 2,661.0 | 2,667.9 | 2,921.8 | 3,269.6 |
| Revenue | MEUR | 1,296.0 | 1,470.7 | 1,517.5 | 1,583.1 | 1,752.4 |
| EBITDA | MEUR | 98.5 | 134.1 | 142.4 | 154.1 | 167.2 |
| EBITDA margin | % | 7.6 | 9.1 | 9.4 | 9.7 | 9.5 |
| EBITA | MEUR | 62.0 | 105.9 | 113.8 | 123.0 | 127.6 |
| EBITA margin | % | 4.8 | 7.2 | 7.5 | 7.8 | 7.3 |
| Capital expenditure | MEUR | 29.7 | 51.8 | 57.9 | 36.3 | 26.1 |
| Employees (as of end of period; without apprentices) | - | 6,941 | 7,202 | 7,002 | 7,237 | 7,260 |
SEPARATION
ANDRITZ Separation provides mechanical and thermal technologies as well as services and the related automation solutions for solid/liquid separation, serving the chemical, environmental, food, mining and minerals industries. The customized, innovative solutions focus on minimizing the use of resources and achieving highest process efficiency, thus making a substantial contribution towards sustainable environmental protection. In addition, the business area offers technologies and services for the production of animal feed and biomass pellets.
| Unit | 2020 | 2019 | 2018 | 2017 | 2016 | |
| Order intake | MEUR | 667.9 | 717.1 | 696.7 | 622.4 | 597.5 |
| Order backlog (as of end of period) | MEUR | 413.5 | 419.6 | 403.7 | 364.5 | 347.3 |
| Revenue | MEUR | 644.1 | 696.8 | 645.7 | 602.8 | 593.8 |
| EBITDA | MEUR | 67.5 | 53.6 | 39.4 | 36.4 | 25.8 |
| EBITDA margin | % | 10.5 | 7.7 | 6.1 | 6.0 | 4.3 |
| EBITA | MEUR | 53.7 | 40.1 | 31.1 | 27.5 | 17.1 |
| EBITA margin | % | 8.3 | 5.8 | 4.8 | 4.6 | 2.9 |
| Capital expenditure | MEUR | 11.5 | 11.2 | 9.2 | 8.7 | 10.2 |
| Employees (as of end of period; without apprentices) | - | 2,651 | 2,842 | 2,841 | 2,754 | 2,772 |
