Andritz AG operates within the Paper industries machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Andritz AG with three other
paper industry machinery manufacturers in Europe:
Valmet Oyj
of FINLAND
(2020
sales of 3.74 billion Euros [US$4.38 billion]
of which 36%
was Services),
Bobst Group SA
of SWITZERLAND
(1.37 billion Swiss Francs [US$1.48 billion]
of which 64%
was Printing & Converting), and
Heidelberger Druckmaschinen AG
which is
based in GERMANY
(2.35 billion Euros [US$2.75 billion]
of which 60%
was Heidelberg Digital Technology).
Sales Analysis.
During the second
quarter of 2021, sales at Andritz AG totalled
1.53 billion Euro.
This is a drop of 7.8%
from the 1.66 billion Euro in sales at the company during the second quarter in 2020.
This was the largest quarterly drop in sales since the second
quarter of 2016.
During the first two
quarters of 2021, sales totalled 3.03 billion Euro, which is
4.6% lower
than through the first two quarters of 2020.
Sales at Andritz AG appear to have some seasonality: during each of the previous 9
years, sales have been highest during the fourth quarter, which has accounted for
between 27.4% and 30.4%
of the annual
sales.
During the year ended December of 2020, sales at
Andritz AG were 6.70 billion Euro (US$7.85 billion).
This
is
a very small
increase of 0.4%
versus 2019, when the company's sales were 6.67 billion Euro.
This was the third consecutive year of growth at Andritz AG.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Andritz AG had sales
of 6.38 billion Euro.
Sales of Pulp and Paper saw an increase
that was more than double the company's growth rate: sales were up
16.4% in 2020, from
2.87 billion Euro to 3.34 billion Euro.
Not all segments of Andritz AG experienced an increase in sales in 2020:
sales of Metals fell 13.2% to 1.42 billion Euro.
Andritz AG also experienced decreases in sales in
Hydro Power (down 11.9% to 1.30 billion Euro)
and
Separation (down 7.6% to 644.13 million Euro)
.