Slide 1: ANDRITZ GROUP: results for H1 2017
ANDRITZ GROUP: results for H1 2017 August 4, 2017
Slide 2: Stable Group sales in H1 2017, however decrease in Q2 due to HYDRO and PULP & PAPER
Stable Group sales in H1 2017, however decrease in Q2 due to HYDRO and PULP & PAPER SALES (MEUR) SALES by business area (MEUR) H1 2017 H1 2016 +/- Q2 2017 Q2 2016 +/- +1% HYDRO 725 807 -10% 369 439 -16% PULP & PAPER 991 980 +1% 482 523 -8% 2,761 2,779 METALS 792 704 +13% 395 371 +7% SEPARATION 271 2
Slide 3: Group order intake in H1 2017 up due to good Q1, however decline in Q2
Group order intake in H1 2017 up due to good Q1, however decline in Q2 due to HYDRO and METALS ORDER INTAKE (MEUR) ORDER INTAKE by business area (MEUR) H1 2017 H1 2016 +/- Q2 2017 Q2 2016 +/- HYDRO 514 591 -13% 205 339 -40% +8% PULP & PAPER 1,125 916 +23% 472 370 +27% 2,771 METALS 814 769 +6% 372 46
Slide 4: Group order backlog remains at solid level
Group order backlog remains at solid level ORDER BACKLOG (as of end of period in MEUR) -3% 7,511 7,324 +1% 7,076 6,789 6,849 2014 2015 H1 2016 2016 H1 2017 ORDER BACKLOG by business area (as of end of period in MEUR) HYDRO and PULP & PAPER account for 74% of total backlog H1 2017 H1 2016 +/- HYDRO:
Slide 5: Earnings and profitability impacted positively by one-off effect in METALS
Earnings and profitability impacted positively by one-off effect in METALS EBITA (MEUR) Q2 2017: Positive one-off effect of around 25 MEUR, mainly due to sale of the Schuler Technical Center in Tianjin, China. +13% 207.3 Thus, EBITA in Q2 2017 increased to 109.9 MEUR (Q2 2016: 99.1 MEUR), profit
Slide 6: Key figures Q2/H1 2017 at a glance
Key figures Q2/H1 2017 at a glance Unit H1 2017 H1 2016 +/- Q2 2017 Q2 2016 +/- 2016 Order intake MEUR 2,771.3 2,566.4 +8.0% 1,211.3 1,319.0 -8.2% 5,568.8 Order backlog (as of end of period) MEUR 6,849.1 7,076.3 -3.2% 6,849.1 7,076.3 -3.2% 6,789.2 Sales MEUR 2,779.0 2,761.2 +0.6% 1,392.8 1,475.6 -5.
Slide 7: HYDRO (1): continued weak project and investment activity
HYDRO (1): continued weak project and investment activity No large orders awarded New hydropower plants Modernizations/rehabilitations Some new projects in emerging Unchanged, difficult market conditions markets, particularly in Asia, impacted by low electricity and energy Africa and South America,
Slide 8: HYDRO (2): Subdued business development
HYDRO (2) Subdued business development HYDRO Unit H1 2017 H1 2016 +/- Q2 2017 Q2 2016 +/- 2016 Order intake significantly down due to unchanged Order intake MEUR 514.0 591.4 -13.1% 204.5 339.4 -39.7% 1,500.3 weak market conditions Order backlog (as of end of period) MEUR 3,089.5 3,324.8 -7.1% 3,089.
Slide 9: PULP & PAPER (1): Unchanged solid market environment
PULP & PAPER (1) Unchanged solid market environment Pulp Paper Satisfactory project and investment Satisfactory market development for activity, particularly for tissue and packaging equipment modernization of existing pulp continued. mills. No order awards for new pulp mills in Q2 2017. Competition
Slide 10: PULP & PAPER (2): Favorable business development
PULP & PAPER (2) Favorable business development PULP & PAPER Unit H1 2017 H1 2016 +/- Q2 2017 Q2 2016 +/- 2016 Favorable development of order intake, with growth in Order intake MEUR 1,124.9 916.0 +22.8% 471.6 370.4 +27.3% 1,919.5 both the capital and the service business Order backlog (as of end of
Slide 11: METALS (1): Satisfactory metal forming market, very low automotive investment
METALS (1): Satisfactory metal forming market, however very low investment activity in the automotive industry Competition Metal forming Stable competition at Reasonable project activity, however challenging level very low investment activity by global car manufacturers; positive development of Yado
Slide 12: METALS (2): Excluding positive one-off effect profitability at unsatisfactory level
METALS (2): Excluding positive one-off effect profitability at unsatisfactory level Order intake in Q2 2017 below the very high level in METALS Unit H1 2017 H1 2016 +/- Q2 2017 Q2 2016 +/- 2016 Q2 2016, which included larger orders in the metalforming; increase in Order intake MEUR 814.2 768.7 +5.9%
Slide 13: SEPARATION (1): Improved project and investment activity
SEPARATION (1): Improved project and investment activity for solid/liquid separation equipment Municipal Feed and biomass pelleting Investment activity at satisfactory Satisfactory project activity levels, mainly in developed markets Industrial Competition Unchanged market environment Satisfactory d
Slide 14: SEPARATION (2): Increase in order intake, profitability stabilized
SEPARATION (2): Increase in order intake Profitability stabilized SEPARATION Unit H1 2017 H1 2016 +/- Q2 2017 Q2 2016 +/- 2016 Increased order intake in solid/liquid separation; Order intake MEUR 318.2 290.3 +9.6% 163.7 139.8 +17.1% 597.5 feed & biofuel stable Order backlog (as of end of period) MEU
Slide 15: Outlook for the full year 2017
Outlook for the full year 2017 Slight decrease in sales, but at least same profitability as in 2016 Project activity for Continued solid market Satisfactory project activity Reasonable market activity modernizations and new environment in pulp, in metal forming to in environment, mining and hydropow