ANDRITZ Q1 2023 Financial Performance
PULP & PAPER: CONTINUED FAVORABLE BUSINESS
DEVELOPMENT
Strong increase in revenue and earnings; profitability slightly down
A
UNIT
Q1 2023
Q1 2022
+/-
2022
Order intake
MEUR
993.3
1,079.3
-8.0%
4,296.4
Order backlog (as of end of period)
MEUR
4,279.5
3,836.0
+11.6%
4,207.8
Revenue
MEUR
907.9
695.1
+30.6%
3,513.8
EBITDA
MEUR
109.7
88.8
+23.5%
462.1
EBITDA margin
%
12.1
12.8
13.2
EBITA
MEUR
88.7
68.7
+29.1%
378.9
EBITA margin
%
9.8
9.9
10.8
Employees (as of end of period; without apprentices)
13,891
11,955
+16.2%
13,525
•
Order intake below high level of Q1 2022, which included a large pulp mill order from Asia;
Service business increased order intake q/q
11.11
.
Revenue significantly up q/q due to the good order intake development in the last quarters and years
•
Earnings strongly up q/q in line with revenue; profitability slightly down
22 ANDRITZ / INVESTOR PRESENTATION / JUNE 2023 / ANDRITZ GROUP
ORDER INTAKE BY REGION
Q1 2023 VS. Q1 2022 (%)
Rest of World
35% (56%)
O
Europe/
North America
65% (44%)
REVENUE BY REGION
Q1 2023 VS. Q1 2022 (%)
Rest of World
57% (50%)
Europe/
North America
43% (50%)View entire presentation