Cash flow Andritz AG OTC Markets

Equities

ADRZY

US0345221024

Industrial Machinery & Equipment

Market Closed - OTC Markets Other stock markets 15:03:39 13/09/2024 BST			5-day change	1st Jan Change
13.15 ^USD	+4.16%		+1.62%	+2.46%

09-03	Andritz AG acquired PulpEye AB.	CI
08-08	ANDRITZ AG Announces CFO Changes	CI

6600c89fd6ca.q6lPJkSw7L3rJoJ-PXQBVNIxRcvKQZaT0h0LQ-20bSk.88d6UDfop_GiaLI4exhpLbRpKOa-csbilFtzF57kKkX7nzgXNd25-94Wxw

Published financial data: ANDRITZ AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	6.68B	6.7B	6.46B	7.55B	8.67B
Total Revenues	6.68B	6.7B	6.46B	7.55B	8.67B
Cost of Goods Sold, Total	3.45B	3.77B	3.42B	4.06B	4.8B
Gross Profit	3.23B	2.93B	3.04B	3.49B	3.87B
Selling General & Admin Expenses, Total	2.05B	1.82B	1.84B	2.02B	2.22B
Depreciation & Amortization - (IS)	251M	231M	229M	236M	217M
Other Operating Expenses	664M	618M	613M	678M	778M
Other Operating Expenses, Total	2.96B	2.67B	2.68B	2.93B	3.22B
Operating Income	265M	266M	363M	559M	654M
Interest Expense, Total	-69.27M	-46.19M	-36.2M	-32.3M	-37.3M
Interest And Investment Income	24.34M	18.64M	20.4M	36.9M	68.5M
Net Interest Expenses	-44.93M	-27.55M	-15.8M	4.6M	31.2M
Income (Loss) On Equity Invest.	-125K	-4.34M	-3.7M	800K	2.4M
Currency Exchange Gains (Loss)	-598K	-10.38M	-1M	-26.9M	-27.6M
Other Non Operating Income (Expenses)	-8.04M	67.54M	86.6M	-4.4M	-1.5M
EBT, Excl. Unusual Items	211M	291M	429M	534M	658M
Impairment of Goodwill	-29.12M	-4.67M	-4.8M	-10.2M	-
Gain (Loss) On Sale Of Investments	-186K	-30K	-	-8.6M	5.8M
Gain (Loss) On Sale Of Assets	8.93M	10.96M	15.3M	35.6M	8.8M
Asset Writedown	-19.36M	-20.34M	-5.2M	-7.1M	-8.3M
Insurance Settlements	9.45M	3.9M	5.5M	4.4M	27.4M
Other Unusual Items	-	-	-	-6.7M	-3.8M
EBT, Incl. Unusual Items	181M	281M	440M	541M	688M
Income Tax Expense	58.16M	77.15M	118M	138M	184M
Earnings From Continuing Operations	123M	204M	322M	403M	504M
Net Income to Company	123M	204M	322M	403M	504M
Minority Interest	5.05M	3.4M	3.8M	7M	5.9M
Net Income - (IS)	128M	207M	326M	410M	510M
Net Income to Common Incl Extra Items	128M	207M	326M	410M	510M
Net Income to Common Excl. Extra Items	128M	207M	326M	410M	510M
Per Share Items
Net EPS - Basic	1.27	2.08	3.28	4.14	5.15
Basic EPS - Continuing Operations	1.27	2.08	3.28	4.14	5.15
Basic Weighted Average Shares Outstanding	100M	99.47M	99.27M	98.92M	99.05M
Net EPS - Diluted	1.27	2.08	3.27	4.13	5.13
Diluted EPS - Continuing Operations	1.27	2.08	3.27	4.13	5.13
Diluted Weighted Average Shares Outstanding	100M	99.47M	99.52M	99.19M	99.51M
Normalized Basic EPS	1.36	1.86	2.74	3.44	4.21
Normalized Diluted EPS	1.36	1.86	2.73	3.43	4.19
Dividend Per Share	0.5	1	1.65	2.1	2.5
Payout Ratio	122.45	24	30.48	39.84	40.71
American Depositary Receipts Ratio (ADR)	0.2	0.2	0.2	0.2	0.2
Supplemental Items
EBITDA	470M	452M	546M	745M	824M
EBITA	347M	335M	432M	631M	709M
EBIT	265M	266M	363M	559M	654M
EBITDAR	503M	482M	574M	778M	867M
Total Revenues (As Reported)	6.65B	-	-	-	-
Effective Tax Rate - (Ratio)	32.15	27.47	26.82	25.57	26.72
Total Current Taxes	85.38M	134M	177M	154M	174M
Total Deferred Taxes	-27.22M	-56.52M	-59.1M	-15.6M	9.4M
Normalized Net Income	137M	185M	272M	340M	417M
Interest on Long-Term Debt	5.54M	5.1M	4.5M	4.3M	6.8M
Non-Cash Pension Expense	-15K	-1.71M	0	200K	-1.2M
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	115M	101M	107M	114M	137M
Net Rental Expense, Total	32.32M	30.04M	28.5M	32.5M	43.1M
Imputed Operating Lease Interest Expense	11.81M	7.04M	5.69M	6.32M	10.58M
Imputed Operating Lease Depreciation	20.51M	23M	22.81M	26.18M	32.52M
Maintenance & Repair Expenses, Total	113M	106M	108M	126M	108M
Stock-Based Comp., Other (Total)	1.49M	1.75M	334K	611K	744K
Total Stock-Based Compensation	1.49M	1.75M	334K	611K	744K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.2B	1.16B	1.09B	1.3B	1.51B
Short Term Investments	304M	486M	671M	729M	265M
Total Cash And Short Term Investments	1.5B	1.64B	1.76B	2.03B	1.77B
Accounts Receivable, Total	1.67B	1.61B	1.87B	2.11B	2.32B
Other Receivables	366M	395M	390M	417M	446M
Total Receivables	2.03B	2.01B	2.26B	2.53B	2.76B
Inventory	842M	761M	905M	1.14B	1.17B
Other Current Assets, Total	149M	145M	164M	225M	184M
Total Current Assets	4.53B	4.56B	5.09B	5.92B	5.88B
Gross Property Plant And Equipment	2.2B	2.18B	2.3B	2.48B	2.59B
Accumulated Depreciation	-901M	-1.01B	-1.13B	-1.27B	-1.34B
Net Property Plant And Equipment	1.3B	1.17B	1.17B	1.21B	1.25B
Long-term Investments	114M	69.86M	117M	85.6M	86.2M
Goodwill	777M	760M	778M	787M	826M
Other Intangibles, Total	309M	224M	191M	160M	143M
Accounts Receivable Long-Term	-	-	-	-	-
Loans Receivable Long-Term	-	20M	-	-	-
Deferred Tax Assets Long-Term	179M	208M	242M	240M	212M
Other Long-Term Assets, Total	30.68M	45.96M	86.7M	85M	101M
Total Assets	7.23B	7.06B	7.67B	8.49B	8.5B
Liabilities
Accounts Payable, Total	669M	750M	811M	983M	1.02B
Accrued Expenses, Total	-	-	-	-	19.6M
Current Portion of Long-Term Debt	132M	95.16M	74.9M	253M	429M
Current Portion of Leases	46.39M	48.31M	45.6M	44.8M	48.4M
Current Income Taxes Payable	37.83M	65.22M	103M	106M	75.1M
Unearned Revenue Current, Total	1.46B	1.15B	1.46B	1.95B	1.78B
Other Current Liabilities	1.43B	1.52B	1.68B	1.68B	1.62B
Total Current Liabilities	3.78B	3.63B	4.18B	5.02B	5B
Long-Term Debt	1.23B	1.21B	1.06B	828M	504M
Long-Term Leases	214M	184M	186M	163M	161M
Pension & Other Post Retirement Benefits	311M	454M	414M	312M	334M
Deferred Tax Liability Non Current	160M	145M	124M	121M	115M
Other Non Current Liabilities	326M	181M	143M	214M	230M
Total Liabilities	6.01B	5.8B	6.11B	6.66B	6.34B
Common Stock, Total	104M	104M	104M	104M	104M
Retained Earnings	1.41B	1.57B	1.79B	2.04B	2.35B
Treasury Stock	-169M	-185M	-188M	-202M	-190M
Comprehensive Income and Other	-142M	-227M	-134M	-93.5M	-84.9M
Total Common Equity	1.21B	1.26B	1.57B	1.85B	2.18B
Minority Interest	12.97M	-1.86M	-7.3M	-13.9M	-20.2M
Total Equity	1.22B	1.26B	1.57B	1.83B	2.16B
Total Liabilities And Equity	7.23B	7.06B	7.67B	8.49B	8.5B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	99.87M	99.26M	99.19M	98.9M	99.21M
ECS Total Common Shares Outstanding	99.87M	99.26M	99.19M	98.9M	99.21M
Book Value / Share	12.08	12.67	15.87	18.69	21.95
Tangible Book Value	120M	274M	605M	902M	1.21B
Tangible Book Value Per Share	1.21	2.76	6.1	9.11	12.18
Total Debt	1.62B	1.53B	1.37B	1.29B	1.14B
Net Debt	115M	-111M	-390M	-743M	-630M
Debt Equivalent of Unfunded Proj. Benefit Obligation	421M	413M	344M	233M	256M
Debt Equivalent Oper. Leases	259M	240M	228M	260M	345M
Minority Interest, Total (Incl. Fin. Div)	12.97M	-1.86M	-7.3M	-13.9M	-20.2M
Equity Method Investments, Total	4.8M	5.46M	12.9M	13.7M	16.1M
Account Code - Inventory Valuation	3	6	6	6	6
Inventories - Raw Materials, Total	317M	291M	342M	476M	485M
Inventories - Work In Process, Total	405M	359M	432M	501M	511M
Inventories - Finished Goods, Total	120M	111M	130M	158M	169M
Land - (BS)	1.03B	1.02B	1.07B	1.14B	1.17B
Machinery, Total	1.12B	1.12B	1.18B	1.27B	1.33B
Full Time Employees	28.31K	26.04K	26.8K	29.09K	29.72K
Part Time Employees	1.2K	1.2K	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	62.07M	62.17M	64.6M	49.7M	50.9M
Order Backlog	7.78B	6.77B	8.17B	9.98B	9.87B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	128M	207M	326M	410M	510M
Depreciation & Amortization - CF	169M	162M	160M	164M	162M
Amortization of Goodwill and Intangible Assets - (CF)	82.51M	69.11M	68.8M	72M	54.8M
Depreciation & Amortization, Total	251M	231M	229M	236M	217M
(Gain) Loss From Sale Of Asset	-6.24M	-8.44M	-12.3M	-34.5M	-7.4M
Asset Writedown & Restructuring Costs	48.48M	25.01M	10M	17.3M	8.3M
(Income) Loss On Equity Investments - (CF)	125K	4.34M	3.7M	-800K	-2.4M
Other Operating Activities, Total	69.52M	81.47M	-42M	-67.4M	95.1M
Change In Accounts Receivable	98.15M	-115M	-247M	-208M	-235M
Change In Inventories	18.23M	42.5M	-101M	-193M	-50.4M
Change in Unearned Revenues	152M	-250M	257M	434M	-182M
Change in Other Net Operating Assets	62.3M	243M	107M	118M	22.1M
Cash from Operations	822M	461M	530M	711M	375M
Capital Expenditure	-122M	-87.89M	-110M	-155M	-171M
Sale of Property, Plant, and Equipment	8.71M	21.39M	32.2M	46.2M	15.6M
Cash Acquisitions	-7.09M	-	-30.5M	-62M	-36.4M
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	12.53M	-170M	-182M	-19.7M	458M
Cash from Investing	-108M	-236M	-291M	-190M	267M
Long-Term Debt Issued, Total	348M	21.72M	70.4M	28.2M	136M
Total Debt Issued	348M	21.72M	70.4M	28.2M	136M
Long-Term Debt Repaid, Total	-436M	-120M	-286M	-150M	-347M
Total Debt Repaid	-436M	-120M	-286M	-150M	-347M
Issuance of Common Stock	-	-	-	-	8.5M
Repurchase of Common Stock	-39.78M	-18.12M	-4.7M	-16M	-
Common Dividends Paid	-156M	-49.72M	-99.2M	-163M	-208M
Common & Preferred Stock Dividends Paid	-156M	-49.72M	-99.2M	-163M	-208M
Other Financing Activities, Total	-80.36M	-20.66M	-35.6M	-700K	-600K
Cash from Financing	-366M	-187M	-355M	-301M	-411M
Foreign Exchange Rate Adjustments	-4.98M	-80.94M	44.7M	-4M	-26.3M
Miscellaneous Cash Flow Adjustments	-1.17M	-194K	700K	0	100K
Net Change in Cash	342M	-42.77M	-71M	215M	205M
Supplemental Items
Cash Interest Paid	41.61M	40.26M	36.3M	19.1M	34.4M
Cash Income Tax Paid (Refund)	78.43M	93.17M	140M	167M	193M
Levered Free Cash Flow	580M	280M	477M	515M	9.36M
Unlevered Free Cash Flow	624M	309M	500M	535M	32.67M
Change In Net Working Capital	-327M	2.44M	-155M	-104M	423M
Net Debt Issued / Repaid	-88.88M	-98.5M	-216M	-121M	-211M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	2.34	2.32	3.08	4.33	4.81
Return on Total Capital	5.93	5.9	7.92	11.54	12.72
Return On Equity %	9.63	16.46	22.79	23.67	25.26
Return on Common Equity	10.14	16.81	22.99	23.93	25.34
Margin Analysis
Gross Profit Margin %	48.31	43.78	47.03	46.22	44.64
SG&A Margin	30.65	27.16	28.41	26.7	25.62
EBITDA Margin %	7.04	6.75	8.44	9.87	9.5
EBITA Margin %	5.2	5	6.67	8.37	8.18
EBIT Margin %	3.97	3.96	5.61	7.41	7.54
Income From Continuing Operations Margin %	1.84	3.04	4.98	5.33	5.82
Net Income Margin %	1.91	3.09	5.03	5.43	5.89
Net Avail. For Common Margin %	1.91	3.09	5.03	5.43	5.89
Normalized Net Income Margin	2.05	2.76	4.2	4.51	4.82
Levered Free Cash Flow Margin	8.69	4.17	7.39	6.82	0.11
Unlevered Free Cash Flow Margin	9.34	4.6	7.74	7.08	0.38
Asset Turnover
Asset Turnover	0.94	0.94	0.88	0.93	1.02
Fixed Assets Turnover	5.5	5.44	5.52	6.33	7.04
Receivables Turnover (Average Receivables)	3.9	4.09	3.71	3.79	3.91
Inventory Turnover (Average Inventory)	4.03	4.7	4.11	3.98	4.17
Short Term Liquidity
Current Ratio	1.2	1.26