Slide 1: ANDRITZ GROUP: results for H1 2016
ANDRITZ GROUP: results for H1 2016 August 5, 2016
Slide 2: Group sales down with decline in all four business areas
Group sales down with decline in all four business areas SALES (MEUR) SALES by business area (MEUR) H1 2016 H1 2015 +/- Q2 2016 Q2 2015 +/- -8% HYDRO 807 866 -7% 439 458 -4% 3,006 PULP & PAPER 980 1,044 -6% 523 563 -7% 2,761 METALS 704 796 -12% 371 419 -12% SEPARATION 270 299 -10% 143 161 -11% Q2: 1
Slide 3: Increase of Group order intake in Q2 2016, attributable to METALS - Schuler
Increase of Group order intake in Q2 2016, attributable to METALS - Schuler ORDER INTAKE (MEUR) ORDER INTAKE by business area (MEUR) H1 2016 H1 2015 +/- Q2 2016 Q2 2015 +/- HYDRO 591 795 -26% 339 348 -2% -1% PULP & PAPER 916 909 +1% 370 447 -17% METALS 769 595 +29% 469 211 +123% 2,580 2,566 SEPARATI
Slide 4: Group order backlog remains at good level
Group order backlog remains at good level Order backlog (as of end of period in MEUR) -4% 2013: 2014: H1 2015: 2015: H1 2016: 7,389 7,511 7,349 7,324 7,076 -3% Order backlog by business area (as of end of period in MEUR) HYDRO and PULP & PAPER account for 74% of total backlog H1 2016 H1 2015 +/- HYD
Slide 5: Earnings and profitability: Satisfactory development in H1 2016
Earnings and profitability Satisfactory development in H1 2016 EBITA (MEUR) Q2 2016: EBITA amounted to 99.1 MEUR (-11.1% vs. Q2 2015: 111.5 MEUR); EBITA margin, at 6.7%, below level of last year (Q2 2015: 7.0%). -1% H1 2016: 184.9 183.0 Despite decline in sales, EBITA, at 183.0 MEUR practically
Slide 6: Key figures Q2/H1 2016 at a glance
Key figures Q2/H1 2016 at a glance Unit H1 2016 H1 2015* +/- Q2 2016 Q2 2015* +/- 2015 Order intake MEUR 2,566.4 2,580.0 -0.5% 1,319.0 1,149.4 +14.8% 6,017.7 Order backlog (as of end of period) MEUR 7,076.3 7,349.0 -3.7% 7,076.3 7,349.0 -3.7% 7,324.2 Sales MEUR 2,761.2 3,005.6 -8.1% 1,475.6 1,601.3
Slide 7: HYDRO (1): Project and investment activity subdued, however selective larger projects awarded
HYDRO (1): Project and investment activity subdued, however selective larger projects awarded MODERNIZATIONS/ REHABILITATIONS Projects postponed until further notice due to unchanged low electricity and energy prices NEW HYDROPOWER PLANTS Some new projects in advanced planning phase SMALL-SCALE HYDR
Slide 8: HYDRO (2): Market conditions impact order intake in H1 2016
HYDRO (2) Market conditions impact order intake in H1 2016 HYDRO Unit H1 2016 H1 2015 +/- Q2 2016 Q2 2015 +/- 2015 Order intake in H1 2016 significantly down due to difficult market conditions; Order intake MEUR 591.4 794.7 -25.6% 339.4 347.7 -2.4% 1,718.7 challenging competition on some selective p
Slide 9: PULP & PAPER (1): Solid project and investment activity
PULP & PAPER (1) Solid project and investment activity MODERNIZATION AND GREENFIELD BIOMASS/POWER BOILERS COMPETITION Solid project and investment activity for Unchanged subdued investment Stable competitive environment modernization/refurbishment projects; no contracts activity, especially for powe
Slide 10: PULP & PAPER (2): Solid business development
PULP & PAPER (2) Solid business development PULP & PAPER Unit H1 2016 H1 2015 +/- Q2 2016 Q2 2015 +/- 2015 Order intake significantly down compared to Q2 Order intake MEUR 916.0 908.9 +0.8% 370.4 446.5 -17.0% 2,263.9 2015 which included a large pulp mill order Order backlog (as of end of period) MEU
Slide 11: METALS (1): Continued moderate market, however increasing project activity in metalforming
METALS (1): Continued moderate market, however increasing project activity in metalforming METALFORMING Slow market continued, however some selective order awards from automotive OEMs in Q2 2016 STAINLESS STEEL Unchanged low project activity, only selective investments in emerging markets ALUMINUM P
Slide 12: METALS (2): Order intake significantly up, sales, earnings and margin down
METALS (2) Order intake significantly up, sales, earnings and margin down METALS Unit H1 2016 H1 2015 +/- Q2 2016 Q2 2015 +/- 2015 Doubling of orders in Q2 2016 compared to the very Order intake MEUR 768.7 595.4 +29.1% 469.4 210.5 +123.0% 1,438.6 low figure for the previous year’s reference period O
Slide 13: SEPARATION (1): Mixed market development continued
SEPARATION (1) Mixed market development continued ENVIRONMENT AND CHEMICALS Satisfactory investment activity MINING AND MINERALS Satisfactory project activity FOOD Low project activity FEED AND BIOMASS PELLETING Solid project activity COMPETITION Very fragmented market with global and regional compe
Slide 14: SEPARATION (2): Some profitability improvement in Q2 2016
SEPARATION (2) Some profitability improvement in Q2 2016 SEPARATION Unit H1 2016 H1 2015 +/- Q2 2016 Q2 2015 +/- 2015 Order intake practically unchanged compared to Q2 2015; stable Order intake MEUR 290.3 281.0 +3.3% 139.8 144.7 -3.4% 596.5 development in Q2 2016 Order backlog (as of end of period)
Slide 15: Outlook for remainder of 2016: Stable market conditions
Outlook for remainder of 2016 Stable market conditions Project activity for Good project activity for Unchanged slow Low project activity in modernizations and new modernizations and market, however mining to remain; hydropower stations to capacity increases to normalization of project solid project