ANDRITZ Reports Strong Order Intake and Stable Profitability in FY2025

Graz, Austria – March 5, 2026: Global technology group ANDRITZ reported solid financial results for fiscal year 2025, supported by strong order intake, record order backlog, and stable operating profitability despite a challenging global market environment.

The company recorded order intake of €8.9 billion, representing a 7.6% increase year-on-year, making it the second-highest order intake in the company’s history. Growth was primarily driven by strong demand in the Pulp & Paper and Hydropower segments.

Record Order Backlog Provides Strong Visibility

ANDRITZ ended the year with a record order backlog of €10.5 billion, up 7% from the previous year, reflecting strong project demand and providing a solid revenue base for 2026.

The company reported revenue of €7.88 billion, a 5.2% decline compared to 2024, mainly due to lower order intake in the previous year and negative foreign exchange effects caused by a strong euro.

However, revenue returned to growth in Q4 2025, reaching €2.34 billion, up 2.6% year-on-year, indicating improving project execution and delivery momentum.

Profitability Remains Strong

ANDRITZ maintained a comparable EBITA margin of 8.9%, consistent with the previous year and near record levels.

Key profitability metrics for FY2025:

• Comparable EBITA: €698.4 million

• EBITA: €648.2 million

• EBIT: €582.8 million

• Net income: €457.1 million

• Net income margin: 5.8%

• Earnings per share: €4.67

Operating profitability was supported by improved project execution, disciplined cost management, and a higher share of service revenue.

Service Business Reaches Record Level

Service revenue continued to grow across all segments, reaching €3.4 billion, representing 44% of total revenue, compared with 41% in 2024.

The company emphasized service expansion as a strategic focus to strengthen long-term customer partnerships and stabilize earnings.

Segment Performance

Pulp & Paper

• Order intake: €3.35 billion (+20%)

• Major orders included five new pulp mills in China and three sewage-sludge power plants in Germany.

Hydropower

• Order intake: €2.52 billion (+16%), a record level.

• Major projects include equipment supply for:

  • 1,500 MW Tarali pumped storage plant (India)

  • 720 MW Srinagarind hydropower plant (Thailand)

Environment & Energy

• Order intake: €1.57 billion (-3%)

• Growth resumed in the second half due to strong demand for clean air solutions in Europe and North America.

Metals

• Order intake: €1.48 billion (-13%) due to weak investments in the automotive and steel sectors.

• The company implemented capacity adjustments to protect profitability.

M&A Activity

ANDRITZ remained active on the acquisition front in 2025, completing six strategic acquisitions aimed at strengthening service capabilities and environmental technologies:

• LDX Solutions

• A.Celli Paper

• Salico Group

• Diamond Power

• Allen-Sherman-Hoff

• Sanzheng

These acquisitions align with the company’s strategy to expand its technology portfolio and strengthen its position in sustainable industrial solutions.

Capital Expenditure and Workforce

• Capital expenditure: €269.5 million (+13.5% YoY)

• Employees: 30,346 (+1.1% YoY)

• Operating cash flow: €652.7 million

Dividend Increase

The company proposed a dividend of €2.70 per share, up from €2.60 in 2024, reflecting its commitment to shareholder returns.

Outlook for 2026

ANDRITZ expects moderate revenue growth in 2026, supported by the strong order backlog and stable project activity.

2026 guidance:

• Revenue: €8.0 – €8.3 billion

• Comparable EBITA margin: 8.7% – 9.1%

CEO Joachim Schönbeck stated that despite geopolitical challenges and cautious investment sentiment, the company delivered resilient performance and remains well positioned for growth in 2026.