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EANS-News: ANDRITZ Capital Market Day 2019

| Quelle: Dow Jones Newsw... | Lesedauer etwa 3 min. | Text vorlesen Stop Pause Fortsetzen

Corporate news transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is responsible for the content of this announcement.

- Confirmation of long-term sales and profitability goals
- Update on the Business Areas
- Presentations on Schuler and Xerium

Company Information

Graz/Vienna - SEPTEMBER 17, 2019. Today, ANDRITZ is holding its Capital Market
Day 2019 for financial analysts and institutional investors in Vienna. Wolfgang
Leitner, President & CEO of ANDRITZ AG, will provide an update on the markets
served by ANDRITZ and on the Group's long-term strategy. He will also confirm
the Group's long-term financial goals - average sales growth of
5-8% per annum and a long-term EBITA margin of 8%.

In addition, there will be management presentations on Schuler AG, which is a
part of the ANDRITZ GROUP, and on Xerium Inc., which ANDRITZ acquired in October

The presentations will begin at 10:00 CET on September 17. The presentation
documents shown at the Capital Market Day are also available for download as
from 10:00 CET at andritz.com/presentations.

- End -

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. Other important fields of
business are animal feed and biomass pelleting, as well as automation, where
ANDRITZ offers a wide range of innovative products and services in the IIoT
(Industrial Internet of Things) sector under the brand name of Metris. In
addition, the company is active in power generation (steam boiler plants,
biomass power plants, recovery boilers, and gasification plants) and
environmental technology (flue gas and exhaust gas cleaning plants) and offers
equipment for the production of nonwovens, dissolving pulp, and panelboard, as
well as recycling plants.

ANDRITZ stands for passion, partnership, perspectives and versatility - core
values to which the company is committed. The listed Group is headquartered in
Graz, Austria. With almost 170 years of experience, approximately 29,600
employees, and more than 280 locations in over 40 countries worldwide, ANDRITZ
is a reliable and competent partner and helps its customers to achieve their
corporate and sustainability goals.

Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

end of announcement euro adhoc

(END) Dow Jones Newswires

September 17, 2019 01:58 ET ( 05:58 GMT)

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