Slide 1: ANDRITZ GROUP: results for Q1 2016
ANDRITZ GROUP: results for Q1 2016 May 4, 2016
Slide 2: Group sales down, mainly due to HYDRO and PULP & PAPER
Group sales down, mainly due to HYDRO and PULP & PAPER SALES (MEUR) SALES by business area (MEUR) Q1 2016 Q1 2015 +/- -9% HYDRO 368 408 -10% PULP & PAPER 458 481 -5% METALS 333 377 -12% 1,404 SEPARATION 127 139 -8% 1,286 SALES by region (%) Q1 2016 Q1 2015 Well-balanced Europe 37% 38% geographical e
Slide 3: Group order intake down: Strong development in PULP & PAPER cannot offset decline
Group order intake down: Strong development in PULP & PAPER cannot offset decline in HYDRO and METALS ORDER INTAKE (MEUR) ORDER INTAKE by business area (MEUR) Q1 2016 Q1 2015 +/- -13% HYDRO 252 447 -44% PULP & PAPER 546 462 +18% METALS 299 385 -22% 1,431 SEPARATION 151 136 +10% 1,247 ORDER INTAKE by
Slide 4: Group order backlog slightly down compared to end of last year
Group order backlog Slightly down compared to end of last year Order backlog (as of end of period in MEUR) -8% 2013: 2014: Q1 2015: 2015: Q1 2016: 7,389 7,511 7,786 7,324 7,148 -2% Order backlog by business area (as of end of period in MEUR) HYDRO and PULP & PAPER account for 77% of total backlog Q1
Slide 5: Earnings and profitability significantly up, especially in PULP & PAPER and HYDRO
Earnings and profitability significantly up, especially in PULP & PAPER and HYDRO EBITA (MEUR) Despite decline in sales, EBITA increased to 83.9 MEUR (+14.3% vs. Q1 2015: 73.4 MEUR); EBITA margin at satisfactory level of 6.5% (Q1 2015: 5.2%). +14% Significant improvement of profitability in PULP
Slide 6: Key figures Q1 2016 at a glance
Key figures Q1 2016 at a glance Unit Q1 2016 Q1 2015* +/- 2015 Order intake MEUR 1,247.4 1,430.6 -12.8% 6,017.7 Order backlog (as of end of period) MEUR 7,147.6 7,785.6 -8.2% 7,324.2 Sales MEUR 1,285.6 1,404.3 -8.5% 6,377.2 EBITDA MEUR 106.7 96.1 +11.0% 534.7 EBITA MEUR 83.9 73.4 +14.3% 429.0 EBIT M
Slide 7: HYDRO (1): Project and investment activity remained at subdued level
HYDRO (1) Project and investment activity remained at subdued level MODERNIZATIONS/ REHABILITATIONS Projects postponed until further notice due to unchanged low electricity and energy prices NEW HYDROPOWER PLANTS Some new planned projects expected to be awarded only in the medium term SMALL-SCALE HY
Slide 8: HYDRO (2): Order intake and sales down, earnings and profitability up
HYDRO (2) Order intake and sales down, earnings and profitability up Unit Q1 2016 Q1 2015 +/- 2015 Order intake significantly down due to subdued market activity and Order intake MEUR 252.0 447.0 -43.6% 1,718.7 challenging market conditions for some selective projects Order backlog (as of end of per
Slide 9: PULP & PAPER (1): Satisfactory project and investment activity
PULP & PAPER (1) Satisfactory project and investment activity BIOMASS/POWER BOILERS MODERNIZATION AND GREENFIELD Unchanged subdued investment Satisfactory project and investment activity activity, especially for power both for modernization/refurbishment boilers projects and greenfield pulp mills CO
Slide 10: PULP & PAPER (2): Favorable business development
PULP & PAPER (2) Favorable business development Unit Q1 2016 Q1 2015 +/- 2015 Order intake significantly up due to good order Order intake MEUR 545.6 462.4 +18.0% 2,263.9 development in both capital and service Order backlog (as of end of period) MEUR 2,044.8 1,920.3 +6.5% 1,998.6 Sales slightly dow
Slide 11: METALS (1): continued low project activity, especially in metalforming
METALS (1): continued low project activity, especially in metalforming for the automotive industry METALFORMING Several investment decisions postponed; generally low project activity STAINLESS STEEL Unchanged low project activity, only selective investments in emerging markets ALUMINUM Project and i
Slide 12: METALS (2): Subdued business development
METALS (2) Subdued business development Unit Q1 2016 Q1 2015 +/- 2015 Order intake significantly below the level of Q1 2015, mainly due to Order intake MEUR 299.3 384.9 -22.2% 1,438.6 postponements of investment decisions in the automotive industry Order backlog (as of end of period) MEUR 1,291.3 1,
Slide 13: SEPARATION (1): Mixed market development
SEPARATION (1) Mixed market development ENVIRONMENT AND CHEMICALS Satisfactory investment activity MINING AND MINERALS Low project activity FOOD Solid project activity FEED AND BIOMASS PELLETING Unchanged good project activity ▲ ANDRITZ SEPARATION SmartFIX COMPETITION is a new filter cloth fastening
Slide 14: SEPARATION (2): Lower sales impact profitability
SEPARATION (2) Lower sales impact profitability Unit Q1 2016 Q1 2015 +/- 2015 Increase in order intake mainly driven by environment and Order intake MEUR 150.5 136.3 +10.4% 596.5 chemicals sectors; feed & biofuel stable Order backlog (as of end of period) MEUR 370.9 385.6 -3.8% 352.2 Sales down comp
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 Low project and Low project activity in modernizations and new modernizations and investment activity both mining to remain; hydropower stations to capacity increases to in metalforming and solid pr