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Andritz holds Capital Market Day 2019 for investors
18 Sep '19
1 min read
Pic: Andritz
Andritz held Capital Market Day 2019 for financial analysts and institutional investors in Vienna recently. Wolfgang Leitner, president & CEO of Andritz, provided an update on markets served by Andritz and its long-term strategy. He confirmed the group's long-term financial goals – average sales growth of 5-8 per cent per annum and EBITA margin of 8 per cent.
In addition, there were management presentations on Schuler AG, which is a part of the Andritz Group, and on Xerium Inc, which Andritz acquired in October 2018.
Andritz is an international technology group providing plants, systems, equipment, and services for various industries. The company is one of the technology and global market leaders in the hydropower business, the pulp and paper industry, the metal working and steel industries, and in solid/liquid separation in the municipal and industrial segments. (PC)
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