Q1 2019 Andritz AG Earnings Call Transcript
Dear ladies and gentlemen, welcome to the conference call of Andritz AG regarding the presentation of the Q1 2019 results. At our customer's request, this conference will be recorded. (Operator Instructions)
May I now hand you over to Dr. Wolfgang Leitner, who will lead you through this conference. Please go ahead.
Good morning, everybody. Thank you for joining us for our quarterly update. Yes, to conclude, overall business development in the first quarter in our view has been reasonably satisfactory and, more or less, in line with our expectations, I would say.
If we move on to -- for a start with Page 3, I think we can simply say that we are satisfied with the -- for the intake of more than EUR 1.6 billion. Very positive development we saw or continue to see in Pulp & Paper, sales, earnings and also the intake are up with the -- with order intake showing even a strong increase of more than 30%. Both capital and the service business developed favorably in Pulp
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