euro adhoc: Andritz AG / quarterly or semiannual financial statement / Andritz Group: Results for the First Three Quarters of 2007 - Order Intake, Sales, and Earnings significantly up compared to ref

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9-month report

07.11.2007

Graz, November 7, 2007. International Technology Group Andritz
reports a very favorable business development for the First Three
Quarters of 2007. Group Sales increased to 2,299.6 MEUR, up 35.1%
compared to the reference period of last year (Q1-Q3 2006: 1,702.6
MEUR). Net Income excluding minority interests, at 96.5 MEUR, was
also significantly up compared to last year´s reference period (Q1-Q3
2006: 68.2 MEUR). Order Intake also developed very favorably; at
2,651.9 MEUR, it was 28.6% higher than during the reference period
for last year (Q1-Q3 2006: 2,062.9 MEUR). The Order Backlog of the
Group as of 30.09.2007 amounted to 3,722.4 MEUR, thus remaining at a
very high level (30.09.2006: 3,561.9 MEUR).

Due to the high Order Backlog and the good project activity, Andritz
expects an increase in Group Sales to approximately 3.5 bn Euros in
2008. This corresponds to an increase of approximately 9% compared
to 2007, when Sales are expected to reach about 3.2 bn Euros.

Sales Sales in the Third Quarter of 2007 amounted to 762.6 MEUR,
increasing 3.7% compared to last year´s reference period (Q3 2006:
735.2 MEUR). In particular, Sales of the Pulp and Paper, the Hydro
Power and the Feed and Biofuel Business Areas increased significantly
compared to last year´s reference period.

During the First Three Quarters of 2007, Sales of the Andritz Group
increased by 35.1%, to 2,299.6 MEUR (Q1-Q3 2006: 1,702.6 MEUR). This
increase is mainly due to the continued strong organic growth of the
Group of 16.7% during the First Three Quarters of 2007.

Order Intake and Order Backlog Group Order Intake in the Third
Quarter of 2007 amounted to 614.4 MEUR, a decrease of 21.8% compared
to the reference period of last year (Q3 2006: 785.8 MEUR). This
decline is mainly due to the strong decrease of Order Intake of the
Pulp and Paper Business Area. At 185.6 MEUR in Q3 2007, it was down
by 51.2% compared to the high level of the reference Quarter of last
year (Q3 2006: 380.1 MEUR). This is mainly due to the fact the no
large orders were awarded during Q3 2007. All other Business Areas,
in particular Environment and Process as well as Feed and Biofuel,
showed a satisfactory development of Order Intake.

Order Intake for the First Three Quarters of 2007 was 2,651.9 MEUR,
increasing 28.6% compared to the reference period of last year (Q1-Q3
2006: 2,062.9 MEUR).

Order Backlog as of 30.09.2007 amounted to 3,722.4 MEUR, slightly up
compared to the reference value of last year (30.09.2006: 3,561.9
MEUR). Thus, the Andritz Group has a solid visibility with regard to
Sales for the coming months.

Earnings Earnings before Interest and Taxes (EBIT) increased to 50.2
MEUR during the Third Quarter of 2007 (Q3 2006: 42.0 MEUR).
Profitability (EBIT margin), at 6.6% for the Third Quarter of 2007,
increased significantly compared to Q3 2006 (5.7%). This was mainly
due to the favorable Earnings development of the Pulp and Paper,
Hydro Power and the Feed and Biofuel Business Areas.

EBIT for the First Three Quarters of 2007 amounted to 134.6 MEUR, an
increase of 35.0% compared to the reference period of last year
(Q1-Q3 2006: 99.7 MEUR). Net Income excluding Minority Interests
amounted to 96.5 MEUR, increasing 41.5% compared to the reference
period of last year (Q1-Q3 2006: 68.2 MEUR).

Outlook Based on the financial results for the First Three Quarters
of 2007, the Andritz Group expects Group Sales to increase to
approximately 3.2 bn Euros in 2007 (2006: 2.7 bn Euros) and an
increase of the Group´s Net Income.

For 2008, Wolfgang Leitner, President and CEO of Andritz, is also
confident and expects new record results for the Andritz Group: "Due
to the current high Order Backlog of approximately 3.7 bn Euros and
the solid project activity in all of our Business Areas, we expect
Group Sales in 2008 to approach 3.5 billion Euros. Earnings should
increase at least at the same rate as Sales."

Disclaimer Certain statements contained in this press release
constitute ´forward-looking statements`. These statements, which
contain the words ´believe`, ´intend`, ´expect` and words of similar
meaning, reflect management´s beliefs and expectations and are
subject to risks and uncertainties that may cause actual results to
differ materially. As a result, readers are cautioned not to place
undue reliance on such forward-looking statements. The Company
disclaims any obligation to publicly announce the result of any
revisions to the forward-looking statements made herein, except where
it would be required to do so under applicable law.

Key Figures for the First Three Quarters of 2007 (IFRS)

(in MEUR) Q1-Q3 2006 Q1-Q3 2007 Change Q3 2006 Q3 2007 Change
Sales 1,702.6 2,299.6 +35.1% 735.2 762.6 +3.7%
Order Intake 2,062.9 2,651.9 +28.6% 785.8 614.4 -21.8%
Order Backlog
(as of end
of period) 3,561.9 3,722.4 +4.5% 3,561.9 3,722.4 +4.5%
EBITDA 1) 122.7 169.1 +37.8% 52.5 61.2 +16.6%
EBITDA Margin 7.2% 7.4% - 7.1% 8.0% -
EBITA 2) 101.1 139.0 +37.5% 43.4 51.6 +18.9%
EBITA Margin 5.9% 6.0% - 5.9% 6.8% -
Earnings before
Interest and Taxes
(EBIT) 99.7 134.6 +35.0% 42.0 50.2 +19.5%
EBIT Margin 5.9% 5.9% - 5.7% 6.6% -
Earnings before
Taxes 101.4 137.9 +36.0% 41.5 50.3 +21.2%
Net Income excl.
Minority Interests 68.2 96.5 +41.5% 28.2 34.9 +23.8%
Cash flow from
Operating
Activities -35.6 16.3 +145.8% 52.4 -18.3 -134.9%
Capital
Expenditure 3) 27.2 32.1 +18.0% 14.1 9.0 -36.2%
Employees
(as of end
of period) 10,010 11,200 +11.9% 10,010 11,200 +11.9%

1) EBITDA: Earnings before Interest, Taxes, Depreciation, and
Amortization 2) EBITA: Earnings before Interest, Taxes, and
Amortization of intangibles related to acquisitions 3) Additions to
property, plant, and equipment, and intangible assets

The Letter to Shareholders for the First Three Quarters of 2007 is
available on the Andritz web site (www.andritz.com) both as an online
and a PDF version. Printed versions can be requested by telephone
(+43 316 6902 2722), fax (+43 316 6902 465) or e-mail
(petra.wolf@andritz.com).

end of announcement euro adhoc 07.11.2007 07:30:00
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ots Originaltext: Andritz AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

Branche: Machine Manufacturing
ISIN: AT0000730007
WKN: 632305
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing