nternational technology group ANDRITZ achieved strong increases in revenue, earnings, and net income in the third quarter of 2023 compared to the previous year’s reference period. The group has thus continued the positive development of the previous quarters.
Total order intake declined from the previous year’s reference quarter, which included a large pulp mill order. However, order intake increased in the business areas Hydro, Metals, and Separation. The order intake for sustainable solutions and products was very satisfactory.
International technology group ANDRITZ has opened a leading-edge test and research center for the food and feed industry in Waddinxveen, The Netherlands.
The Food Innovation Xperience center will be the development and technology hub where customers and ANDRITZ experts team up to turn visions into reality.
Joachim Schönbeck, President and CEO of ANDRITZ AG: “We are very pleased with the business development in the first half of 2022. At just under 4.8 billion euros, order intake reached the highest half-year figure in the company's history. All four of our business areas saw good order intake development and succeeded in securing important reference orders. We are also cautiously optimistic regarding the remaining months of the current year and from today’s perspective we expect solid project and investment activity in all our business areas.”