EANS-News: ANDRITZ: sales of over 4 billion EUR expected for 2011, increase to more than 4.5 billion EUR planned for 2012

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Company Information

Graz (euro adhoc) - Graz, October 5, 2011. At the ANDRITZ Capital
Market Days 2011, Wolfgang Leitner, President and CEO of ANDRITZ AG,
today specified the sales and earnings targets of the ANDRITZ GROUP
for 2011 and 2012: "Based on the high order intake and good
development in sales in the first half of 2011, we expect Group sales
to rise above four billion Euros for 2011. For 2012, we are planning
a further increase in sales to over 4.5 billion Euros in view of the
good order intake and the acquisitions made in 2010 and 2011. We
confirm our target to achieve an average EBITA margin of 7% over the
cycle and also intend continuing our pro-active dividend policy,"
said Leitner and added: "However, a possible significant downturn of
the global economy would most likely impact the achievement of these
goals."

Based on Group sales of 4.5 billion EUR, an EBITA margin of 7%, and a
tax rate of 30%, earnings per share of about 4.23 EUR could be
reached in 2012 (2008: 2.73 EUR per share; 2009: 1.89 EUR per share;
2010: 3.48 EUR per share), corresponding to an average annual growth
of over 20% in earnings per share since 2000.

ANDRITZ wants to continue its dividend policy, which is focused on
maintaining continuity, and aims to increase the dividend payout
ratio steadily to approximately 60% in the next few years.

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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 16,100 employees worldwide. ANDRITZ
operates over 180 production sites, service and sales companies all
around the world.

Disclaimer Certain statements contained in this press release
constitute "forward-looking statements." These statements, which
contain the words "believe", "intend", "expect", and words of a
similar meaning, reflect the Executive Board´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.

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

end of announcement euro adhoc
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company: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
sector: Machine Manufacturing
ISIN: AT0000730007
indexes: WBI, ATX Prime, ATX, ATX five
stockmarkets: official market: Wien
language: English