Post by ANDRITZ Hydro
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Just in: ANDRITZ achieved a record order intake and stable profitability in the first quarter of 2026. ๐ The Groupโs order intake surged by 54.3% to 3.6 billion EUR, marking the highest quarterly level in the companyโs history. ๐ Profitability (comparable EBITA margin) remained stable at 8.2%. ๐ Revenue continued its positive trend, increasing by 1.7% to 1.79 billion EUR. ๐ The order backlog increased to a new record of 12.4 billion EUR, while Service revenue continued to grow, rising by 4%. ๐ The main driver of this development was the Hydropower business area (+229.9%), supported by strong demand for renewable energy, while Pulp & Paper maintained a high level of order intake ๐ The exceptionally high order intake was mainly driven by the bundled booking of mid-sized projects and should not be extrapolated to the coming quarters.. Read more: https://lnkd.in/dbENC-cU #CreatingGrowthThatMatters #FinancialResults #Q12026 #Results #investors #stockmarket