Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Austria
  4. Wiener Boerse
  5. Andritz AG
  6. News
  7. Summary
    ANDR   AT0000730007

ANDRITZ AG

(ANDR)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

ANDRITZ : receives order for a needlepunch line from Pureko, Poland

03/15/2021 | 01:35am EDT
ANDRITZ receives order for a needlepunch line from Pureko, Poland
2021/03/15
International technology Group ANDRITZ has received an order from Pureko Sp. z o.o. to supply a needlepunch line for their plant in Myszków, Poland.

The line will process recycling fibers from garment waste for the production of technical felts dedicated to furniture and geotextile applications. The final products will have fabric weights ranging from 300 to 500 gsm, and the production capacity will be up to 750 kg/h. Installation and start-up are scheduled for the third quarter of 2021.

The ANDRITZ scope of supply includes a complete neXline needlepunch eXcelle line - from web forming to needling - as well as engineering and ANDRITZ's recently launched scanning gauge.

This is the second ANDRITZ line to be supplied to Pureko, thus demonstrating the strong partnership between both companies. Three years ago, Pureko invested in a new, modern plant supplied by ANDRITZ Asselin-Thibeau to produce fluffy nonwovens used in the furniture, textile, and clothing industries. The new line will enable Pureko to continue its ongoing growth.

Founded in 2009, Pureko is one of the most important producers of nonwovens in Poland. The company's nonwoven products are mainly used for wadding; they are free of chemicals, do not involve any health hazards, and are hypoallergenic. Pureko's products carry top certificates such as INTERTEK, FIRA, OEKO-TEX, and the National Institute of Hygiene.

- End -

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of innovative plants, equipment, systems and services for the pulp and paper industry, the hydropower sector, the metals processing and forming industry, pumps, solid/liquid separation in the municipal and industrial sectors, as well as animal feed and biomass pelleting. Plants for power generation, flue gas cleaning, recycling, and the production of nonwovens and panelboard complete the global product and service offering. Innovative products and services in the industrial digitalization sector are offered under the brand name Metris and help customers to make their plants more user-friendly, efficient and profitable. The publicly listed group has around 27,200 employees and more than 280 locations in over 40 countries.

SFD (self-feeding device) system on a pre-needleloom to feed a wide range of fiber batts

© ANDRITZ

Needleloom with integrated Zeta drafter

© ANDRITZ

Disclaimer

Andritz AG published this content on 15 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 March 2021 06:34:01 UTC.


ę Publicnow 2021
All news about ANDRITZ AG
03:07aANDRITZá : to rehabilitate the hydraulic passages at Carillon generating station..
PU
03:01aPRESS RELEASEá : ANDRITZ to rehabilitate the hydraulic passages at Carillon gene..
DJ
04/19ANDRITZá : receives order for an elliptical cylinder pre-needler from Amarande, ..
PU
04/12ANDRITZá : successfully starts up a new HERB recovery boiler at Kuantum Papers L..
PU
04/09ANDRITZá : signs cooperation agreement with LINETECHNOLOGY GmbH
PU
04/02EANS-VOTING RIGHTSá : Andritz AG / Publication of a participation notification a..
DJ
03/31ANDRITZá : signs industrial maintenance contract with LD Celulose S.A.
PU
03/30ANDRITZá : wins 2021 System Integrator of the Year Award
PU
03/29ANDRITZá : signs maintenance contract with UPM for the Paso de los Toros mill in..
PU
03/26ANDRITZ AG : Ex-dividend day for final dividend
FA
More news
Financials
Sales 2021 6 447 M 7 755 M 7 755 M
Net income 2021 267 M 321 M 321 M
Net cash 2021 338 M 407 M 407 M
P/E ratio 2021 15,9x
Yield 2021 3,07%
Capitalization 4 024 M 4 844 M 4 840 M
EV / Sales 2021 0,57x
EV / Sales 2022 0,52x
Nbr of Employees 26 634
Free-Float 64,1%
Chart ANDRITZ AG
Duration : Period :
Andritz AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ANDRITZ AG
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Average target price 46,12 €
Last Close Price 41,74 €
Spread / Highest target 24,6%
Spread / Average Target 10,5%
Spread / Lowest Target -11,4%
EPS Revisions
Managers and Directors
NameTitle
Wolfgang Leitner President & Chief Executive Officer
Norbert Nettesheim Chief Financial Officer
Christian Nowotny Chairman-Supervisory Board
Andreas Martiner Member-Supervisory Board
Georg Auer Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
ANDRITZ AG11.37%4 984
ATLAS COPCO AB29.42%75 469
FANUC CORPORATION5.44%48 673
PARKER-HANNIFIN CORPORATION17.88%40 986
SANDVIK AB18.53%35 628
STANLEY BLACK & DECKER, INC.15.31%33 154