Andritz AG (ANDR)
Wiener Börse · Industrials · analysed October 12, 2026
Founded in 1852 and headquartered in Graz, Austria, Andritz AG is an international technology group that supplies industrial plants, equipment, automation systems, and services for the pulp and paper, hydropower, metals, and environment and energy sectors. The company's current strategic initiatives focus on driving the global green transition by advancing technologies for industrial decarbonization, carbon capture, and renewable energy. Additionally, Andritz is focused on scaling digital innovation through AI-powered plant solutions, expanding its high-margin customer services, and executing targeted strategic acquisitions.
Executive summary
Andritz AG combines a global duopoly in pulp plant engineering and a premier global standing in hydropower machinery with a high-margin recurring services mix that now accounts for nearly half of revenue5,8,12. A record order backlog above 12.6 billion euros and a net cash balance sheet underpin visibility through 2027 despite cyclical softness in recent capital project commitments5,8,12,17. While the stock has appreciated substantially over the past two years, medium-term profitability targets and operational restructuring in Metals leave further room for earnings expansion5,12.
Sources cited here, 4 of 26
- 5andritz.com
- 8andritz.com
- 12quartr.com
- 17eqs-news.com
Key figures
- Market cap
- $9B
- P/E, trailing
- 17.4
- P/E, next 12 months
- 15.1
- Revenue growth, last fiscal year
- -5.2%
- Net margin, last fiscal year
- 5.8%
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