Andritz defies the headwind: sales decline, but profits stable!

Andritz defies the headwind: sales decline, but profits stable!

On March 6, 2025, the Styrian mechanical engineering giant Andritz announced that the company had to overcome significant challenges in the 2024 financial year. Despite a decline in sales of four percent to 8.31 billion euros compared to the record year 2023 and a slight decline in profits of 1.5 percent to 496.5 million euros, CEO Joachim Schönbeck is satisfied with the company's stability. “We were unable to achieve growth in 2024 due to economic headwinds,” he explained. Nevertheless, operational profitability grew, highlighting the company's ability to adapt. This positive development was also supported by increased income in the service area, which now accounts for 41 percent of total sales.

Order intake also presented itself in a difficult light in 2024 and fell by 3 percent to 8.28 billion euros. However, the Hydropower and Environment & Energy areas in particular were able to increase their order volume, which gives hope for future stability in a challenging market environment. A strong increase in order intake in the fourth quarter, particularly due to large orders in the hydropower sector, helped Andritz feel well prepared for the coming years. As the information from Andritz makes clear, a revival in project activities and a slight stability in sales between 8.0 and 8.3 billion euros are expected for 2025.

Positive outlook despite challenges

The management plans to increase the dividend from 2.50 to 2.60 euros per share, which should set a positive tone. Despite the headwind, Schönbeck sees the Andritz team as being well positioned to operate successfully and meet customer needs. The company aims to meet challenges and take advantage of opportunities through continuous investments and strategic adjustments to market conditions. While the overall economic environment remains difficult, Andritz remains optimistic and ready to take the next steps in order to successfully implement its corporate strategy in the coming years. Loud andritz.com The company has already made significant progress since 2022 and wants to continue on this course.