Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Andritz to Raise Payout on Orders for Construction, Machinery

Andritz AG, the world’s second-biggest builder of hydropower plants, will raise its dividend payout to 60 percent of net income in the “medium term” as it expects a bulging order book to lift earnings.

Andritz, whose second-biggest division makes machinery for pulp and paper makers, expects earnings per share to rise to

3.69 euros this year and to 4.23 euros in 2012, from 3.48 euros last year, it told journalists in Vienna today. Andritz paid 49 percent of EPS, or 1.70 euros a share, for 2010.

The company, based in Graz, Austria, will generate more than 4 billion euros ($5.3 billion) in revenue this year and at least 4.5 billion euros in 2012 after orders soared to record levels in the last two quarters, boosted by an agreement to build the Montes del Plata pulp factory in Uruguay.

“We don’t see in any of our businesses concrete signs of a slowdown,” Chief Executive Officer Wolfgang Leitner said today at a press briefing in Vienna. Andritz is “not dramatically pessimistic,” he said.

Andritz, which has made 12 acquisitions since 2010, may complete additional takeovers “in the next months and quarters,” Leitner said.

Analysts predict adjusted earnings per share of 4.19 euros on revenue of 4.3 billion euros this year and 4.76 euros on revenue of 4.8 billion euros in 2012, according to the average of 13 estimates compiled by Bloomberg. The dividend for 2011 is predicted to be 2.10 euros a share, according to Bloomberg research and analysis.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.