Andritz AG (OTCPK:ADRZF)
$ 71.4 0 (0%) Market Cap: 5.65 Bil Enterprise Value: 4.93 Bil PE Ratio: 10.49 PB Ratio: 2.40 GF Score: 75/100

Full Year 2021 Andritz AG Earnings Call Transcript

Mar 08, 2022 / 07:30AM GMT
Release Date Price: $49.62
Operator

Dear ladies and gentlemen, welcome to the conference call of ANDRITZ AG. At our customer's request, this conference will be recorded. (Operator Instructions) After the presentation, there will be an opportunity to ask questions. (Operator Instructions)

May I now hand you over to Dr. Leitner, who will lead you through this conference. Please go ahead, sir.

Wolfgang Leitner
Andritz AG - President, CEO & Member of Executive Board

Good morning, everybody. Welcome to our conference call for the full year results 2021. I hope all of you are healthy and safe. Maybe the priority is gradually shifting from healthy to safe, but let's hope that this gets under control.

As usual, I would like to start with some short general remarks about our performance in 2021. We think it has been a very successful year for us for ANDRITZ despite all the challenges surrounding all of us. We achieved record figures in order intake, in operating profit, in profitability and in net income. Order intake reached a record high of almost EUR 7.9 billion. All business

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