The ANDRITZ GROUP Company presentation April 2013
The ANDRITZ GROUP Overview Company ANDRITZ AG, Graz, Austria (Group headquarters) More than 220 production and service sites worldwide Employees: approx. 23,700 worldwide as of March 31, 2013 Key financial figures 2012 Order intake: 4,924 MEUR* Sales: 5,177 MEUR Net income: 242 MEUR Equity ratio (as of end of 2012): 20% Products and services Plants and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and the solid/liquid separation in the municipal and industrial sectors * MEUR = million euro
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Company presentation April 2013 – further information at www.andritz.com
Company profile A world market leader in most business areas
HYDRO 35-40%*
PULP & PAPER 25-30%*
METALS 25%*
SEPARATION 10%*
Electromechanical equipment for hydropower plants (turbines and generators); pumps (e.g. for water transport and irrigation); turbogenerators for thermal power stations
Systems and equipment for production of pulp, paper, tissue, and board; energy boilers; production equipment for biofuel/biomass; plants for production of nonwovens and plastic films
Presses for metalforming; systems for production and processing of stainless steel, carbon steel, and nonferrous metal strip; industrial furnaces; resistance welding equipment
Equipment for solid/ liquid separation for municipalities and various industries; systems and equipment for production of animal feed pellets
* Average share of ANDRITZ GROUP’s total order intake
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Company presentation April 2013 – further information at www.andritz.com
Strengthening of the market position Growth through organic expansion and acquisitions Recent acquisitions by business area 2011 2011 2011 2011 2012
HYDRO 2006 VA TECH HYDRO 2007 Tigép 2008 GE Hydro business 2008 GEHI (JV) 2010 Precision Machine 2010 Hammerfest Strøm (59%) 2010 Ritz 2011 Hemicycle Controls PULP & PAPER 1990 Sprout-Bauer 1992 Durametal 1994 Kone Wood 1998 Kvaerner Hymac 1999 Winberg 2000 Ahlstrom Machinery 2000 Lamb Baling Line 2000 Voith Andritz Tissue LLC (JV) 2002 ABB Drying 2003 IDEAS Simulation 2003 Acutest Oy 2003 Fiedler 2004 EMS (JV) 2005 Cybermetrics 2005 Universal Dynamics Group 2006 Küsters 2006 Carbona 2006 Pilão 2007 Bachofen + Meier 2007 Sindus 2008 Kufferath 2009 Rollteck 2010 Rieter Perfojet 2010 DMT/Biax
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AE&E Austria Iggesund Tools Tristar Industries Asselin-Thibeau AES
METALS 1997 Sundwig 1998 Thermtec 2000 Kohler 2002 SELAS SAS Furnace Div. 2004 Kaiser 2005 Lynson 2008 Maerz 2012 Bricmont 2012 Soutec 2013 Schuler (> 90%) 2013 FBB Engineering SEPARATION 1992 TCW Engineering 1995 Jesma-Matador 1996 Guinard 2000 UMT 2002 3SYS 2004 Bird Machine 2004 NETZSCH Filtration 2004 Fluid Bed Systems 2005 Lenser Filtration 2006 CONTEC Decanter 2009 Delkor Capital Equipment 2009 Frautech 2010 KMPT 2012 Gouda 2013 Shende Machinery (80%)
5,177 4,596
3,283
3,610 3,198
3,554
2,710
1,225
1,481
1,744
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012
Sales of the ANDRITZ GROUP (MEUR)
Company presentation April 2013 – further information at www.andritz.com
Key financial figures first quarter 2013 at a glance Unit
Q1 2013
Q1 2012
+/-
2012
Order intake
MEUR
1,288.3
1,361.2
-5.4%
4,924.4
Order backlog (as of end of period)
MEUR
7,844.3
7,034.7
+11.5%
6,614.8
Sales
MEUR
1,163.8
1,185.7
-1.8%
5,176.9
EBITDA
MEUR
32.0
86.5
-63.0%
418.6
EBITA
MEUR
14.2
72.5
-80.4%
357.8
EBIT
MEUR
3.1
66.7
-95.4%
334.5
EBT
MEUR
2.0
70.1
-97.1%
331.6
Financial result
MEUR
-1.1
3.5
-131.4%
-2.8
Net income (including non-controlling interests)
MEUR
1.8
50.4
-96.4%
242.2
Cash flow from operating activities
MEUR
-79.7
37.2
-314.2%
346.5
Capital expenditure
MEUR
21.4
19.5
+9.7%
109.1
EBITDA margin
%
2.7
7.3
-
8.1
EBITA margin
%
1.2
6.1
-
6.9
EBIT margin
%
0.3
5.6
-
6.5
-
23,660
17,063
+38.7%
17,865
Employees (as of end of period; without apprentices)
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Company presentation April 2013 – further information at www.andritz.com
ANDRITZ share Satisfactory performance Performance since IPO (June 2001-March 31, 2013): ANDRITZ: +1,890% ATX: +90%
Performance first quarter of 2013: ANDRITZ: +4% ATX: -5%
Relative share price performance of the ANDRITZ share versus ATX since the IPO:
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Company presentation April 2013 – further information at www.andritz.com
Market capitalization (as of end March 31, 2013): Approx. 5.4 billion euros
