Slide 1: Results Q3 / Q1-Q3 2022
ANDRITZ GROUP RESULTS Q3 / Q1-Q3 2022 NOVEMBER 4, 2022
Slide 2: Agenda
AGENDA 1 Q 3 2 0 2 2 AT A G L AN C E 2 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1-Q3 2022 / NOVEMBER 4, 2022 / © ANDRITZ GROUP
Slide 3: Very favorable business development in Q3 2022
VERY FAVORABLE BUSINESS DEVELOPMENT IN Q3 2022 ANDRITZ GROUP key figures at a glance V E RY H I G H O R D E R I N TAK E RECORD E B I TA AT 1 5 3 M E U R AT 2 . 7 B N E U R O S O R D E R B AC K L O G AN D M AR G I N AT 8 . 1 % Four quarters in a row with order intake of Record order backlog of almost
Slide 4: Agenda
AGENDA 2 P E R F O R M AN C E Q 3 2 0 2 2 4 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1-Q3 2022 / NOVEMBER 4, 2022 / © ANDRITZ GROUP
Slide 5: Strong order intake in Q3 2022 with increase in all business areas
STRONG ORDER INTAKE IN Q3 2022 WITH INCREASE IN ALL BUSINESS AREAS Pulp & Paper more than doubles order intake ORDER INTAKE* ORDER INTAKE BY BUSINESS AREA* ORDER INTAKE BY REGION Q1-Q3 2022 VS. Q1-Q3 2021 (%) Q3 2022 Q3 2021 +/- +47% Pulp & Paper 1,547 602 +157% F E A Europe / 7,451 Metals 564 362 +
Slide 6: Significant increase of revenue
SIGNIFICANT INCREASE OF REVENUE Increase in all four business areas REVENUE* REVENUE BY BUSINESS AREA* REVENUE SPLIT: CAPITAL / SERVICE Q1-Q3 2022 VS. Q1-Q3 2021 (%) +15% Q3 2022 Q3 2021 +/- Pulp & Paper 890 745 +19% Service 5,208 Metals 400 317 +26% 40% (40%) Capital 4,549 60% (60%) Hydro 394 295 +
Slide 7: Service business by business area
SERVICE BUSINESS BY BUSINESS AREA % of total business area revenue PULP & PAPER METALS % MEUR % MEUR 100 100 500 1500 48 51 41 45 47 48 50 1000 50 23 27 24 25 26 25 250 500 0 0 0 0 2018 2019 2020 2021 Q3 2022 Q1-Q3 2018 2019 2020 2021 Q3 2022 Q1-Q3 2022 2022 Share in % Service revenue (last 4 quarte
Slide 8: Order backlog reaches new record high
ORDER BACKLOG REACHES NEW RECORD HIGH Order backlog at 10.8 billion euros as of end of Q3 2022 Pulp & Paper and Hydro account for 75% of total order backlog ORDER BACKLOG BY BUSINESS AREA Q1-Q3 2022 VS. Q1-Q3 2021 IN MEUR +47% D 10,822 9,859 9,435 C A 8,121 8,166 7,724 7,778 7,925 7,261 7,397 7,330
Slide 9: Earnings continued at very favorable level
EARNINGS CONTINUED AT VERY FAVORABLE LEVEL Profitability in Q3 remains constant due to some larger orders with lower margins EBITA* AND EBITA MARGIN EBITA* AND EBITA MARGIN EBITA MARGIN REPORTED ADJUSTED PULP & PAPER METALS 11.1%** +17% +15% 10.5%** 10.9%** 10.4%** 11.0% 10.4% 10.6% 10.1% 425.8 423.
Slide 10: EBITDA – Net income bridge
EBITDA – NET INCOME BRIDGE YTD-9 2022 IN MEUR 557.1 (485.5)* TAX RATE: 26.5% 425.8 -131.3 (365.0)* 377.7 357.1 (-120.5)* -48.1 -0.0 (315.3)* -20.6 (290.0)* (-46.4)* (-3.3)* (-25.3)* 262.3 -94.8 (210.1)* (-79.9)* 10.7%** 8.2%** 7.3%** 6.9%** 5.0%** * (Q1-Q3 2021) ** % OF TOTAL REVENUE 10 / ANDRITZ /
Slide 11: Strong free cashflow generation
STRONG FREE CASHFLOW GENERATION YTD-9 2022 IN MEUR Split of total depreciation: ~131 MEUR depreciation 21.5 ~48 MEUR IFRS 3 amortization 93.3 0.7 (-127.2)* (13.3)* -22.0 (0.8)* 486.9 (-31.2)* -33.0 (435.2)* 442.6 -18.2 179.4 (-49.1)* (7.1)* -137.8 (183.7)* 94.8 1.6 (170.2)* (-107.2)* -119.9 322.7 (7
Slide 12: Continued solid financial position
CONTINUED SOLID FINANCIAL POSITION Gross liquidity of ~2.0 billion euros, net liquidity at ~900 million euros Note: Since January 1, 2019, lease liabilities are excluded from the calculation of net liqudity; 2018 adjusted IN MEUR Acquisition Schuler: 600 MEUR 2,350 Acquisition Xerium: 2.048 770 MEUR
Slide 13: Key figures Q3 / Q1-Q3 2022 at a glance
KEY FIGURES Q3 / Q1-Q3 2022 AT A GLANCE Q3 Q3 Q1-Q3 Q1-Q3 UNIT +/- +/- 2021 2022 2021 2022 2021 Order intake MEUR 2,683.4 1,461.0 +83.7% 7,451.0 5,052.8 +47.5% 7,879.7 Order backlog MEUR 10,822.2 7,341.9 +47.4% 10,822.2 7,341.9 +47.4% 8,165.8 (as of end of period) Revenue MEUR 1,890.8 1,521.5 +24.3%
Slide 14: Agenda
AGENDA 3 U P D AT E O F B U S I N E S S AR E AS 14 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1-Q3 2022 / NOVEMBER 4, 2022 / © ANDRITZ GROUP
Slide 15: Pulp & Paper: Continued favorable business development
PULP & PAPER: CONTINUED FAVORABLE BUSINESS DEVELOPMENT Strong increase in order intake; revenue and earnings up q/q Q3 Q3 Q1-Q3 Q1-Q3 UNIT +/- +/- 2021 2022 2021 2022 2022 ORDER INTAKE BY REGION Order intake MEUR 1,547.6 602.3 +156.9% 3,628.4 2,314.6 +56.8% 3,774.7 Q1-Q3 2022 VS. Q1-Q3 2021 (%) Orde
Slide 16: Metals: Strong increase in order intake and revenue
METALS: STRONG INCREASE IN ORDER INTAKE AND REVENUE Earnings up, however margin down due Metals Processing Q3 Q3 Q1-Q3 Q1-Q3 UNIT +/- +/- 2021 2022 2021 2022 2021 ORDER INTAKE BY REGION Order intake MEUR 564.1 362.3 +55.7% 1,554.8 1,205.9 +28.9% 1,778.8 Q1-Q3 2022 VS. Q1-Q3 2021 (%) Order backlog (a
Slide 17: Hydro: Favorable business development
HYDRO: FAVORABLE BUSINESS DEVELOPMENT Increase in order intake and revenue; earnings and profitability up q/q Q3 Q3 Q1-Q3 Q1-Q3 UNIT +/- +/- 2021 2022 2021 2022 2021 ORDER INTAKE BY REGION Order intake MEUR 356.9 320.8 +11.3% 1,571.0 975.3 +61.1% 1,565.2 Q1-Q3 2022 VS. Q1-Q3 2021 (%) Order backlog (
Slide 18: Separation: Very favorable business development continues
SEPARATION: VERY FAVORABLE BUSINESS DEVELOPMENT CONTINUES Strong increase in order intake, revenue, and earnings q/q Q3 Q3 Q1-Q3 Q1-Q3 UNIT +/- +/- 2021 2022 2021 2022 2022 ORDER INTAKE BY REGION Q1-Q3 2022 VS. Q1-Q3 2021 (%) Order intake MEUR 214.8 175.6 +22.3% 696.8 557.0 +25.1% 761.0 Order backlo
Slide 19: Agenda
AGENDA 4 OUTLOOK 19 / ANDRITZ / RESULTS OF THE ANDRITZ GROUP FOR Q1-Q3 2022 / NOVEMBER 4, 2022 / © ANDRITZ GROUP
Slide 20: Market outlook and financial guidance
MARKET OUTLOOK AND FINANCIAL GUIDANCE Financial guidance 2022 confirmed OUTLOOK • Project and investment activity in the industries served by ANDRITZ expected to remain solid during next months • Geo-economical challenges (Russian sanctions, supply chain disruptions, inflation) are closely monitored
Slide 21: Legal disclaimer
LEGAL DISCLAIMER © ANDRITZ AG 2022 This presentation contains valuable, proprietary property belonging to ANDRITZ AG or its affiliates (“the ANDRITZ GROUP”), an d no licenses or other intellectual property rights are granted herein, nor shall the contents of this presentation form part of any sales