Andritz AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023 at 05:45 am EDT
Andritz AG reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 2,147.8 million compared to EUR 1,790.5 million a year ago. Net income was EUR 122.3 million compared to EUR 95.7 million a year ago. Basic earnings per share from continuing operations was EUR 1.23 compared to EUR 0.97 a year ago. Diluted earnings per share from continuing operations was EUR 1.23 compared to EUR 0.97 a year ago.
For the six months, sales was EUR 4,111.4 million compared to EUR 3,317.7 million a year ago. Net income was EUR 226.8 million compared to EUR 167.2 million a year ago. Basic earnings per share from continuing operations was EUR 2.29 compared to EUR 1.69 a year ago. Diluted earnings per share from continuing operations was EUR 2.28 compared to EUR 1.69 a year ago.