EANS-Adhoc: ANDRITZ confirms long-term corporate goals at its Capital Market Day 2010

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06.10.2010

Graz, October 6, 2010. At the ANDRITZ Capital Market Day 2010,
Wolfgang Leitner, President and CEO of ANDRITZ AG, today confirmed
the international technology Group´s long-term goals. "The ANDRITZ
GROUP´s financial goals are to achieve a sustained average EBITA
margin of 7% over the cycle and Group sales of approximately 4.5
billion Euros by 2013/2014", says Leitner and adds, "In the past ten
years, ANDRITZ has increased Group sales by over 15% per annum, and
the EBITA margin has risen from 4.7% in 2000 to 6.3% in the first
half of 2010".

The sales target for the ANDRITZ GROUP of around 4.5 billion Euros
originally stated for 2008 was postponed last year until 2013/2014 as
a result of the global financial and economic crisis. Above all,
future development of the global economy will determine whether this
goal is achievable or not. "From today´s point of view, we expect a
slight recovery of the global economy over the next few years. Based
on these expectations and in view of the cost reduction measures
implemented last year as well as the solid order intake and order
backlog for the first half of 2010, the achievement of our long-term
sales and earnings targets by 2013/2014 is possible", Leitner
substantiates.

Assuming Group sales of approximately 4.5 billion Euros, an EBITA
margin of 7%, and a tax rate of 30%, earnings per share of around
4.15 EUR could be achieved in 2014 (2008: 2.73 EUR per share; 2009:
1.89 EUR per share). ANDRITZ has increased its earnings per share by
an annual average of 17.3% since 2000.

ANDRITZ intends to continue its dividend policy focused on
continuity. After increasing the dividend payout ratio to
approximately 50% for the 2009 business year, ANDRITZ aims to
increase this ratio gradually to around 60% over the next few years.

- End -

The ANDRITZ GROUP The ANDRITZ GROUP is a global market leader for
supply of systems and services to the hydropower, pulp and paper,
metals, and other specialized industries (solid/liquid separation,
feed and biofuel). The Group is headquartered in Graz, Austria and
has a staff of approximately 13,500 employees worldwide. ANDRITZ
operates over 120 production sites, service and sales companies all
around the world.

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

Further inquiry note:

Dr. Michael Buchbauer

Head of Group Treasury, Corporate Communications & 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: Wien / official market