During this year’s Andritz Capital Market Days in China, Wolfgang Leitner, President and CEO of Andritz AG, announced that the Executive Board plans to propose an increase of the dividend payout ratio for the financial year 2007 to 40% (dividend payout ratio for year 2006: 32.5%; dividend for year 2006: 0.75 EUR per share).
Leitner is confident about the business development
for 2008 and expects – based on the current high order backlog of approximately 3.8 billion Euros and the good project activity – an increase in Group Sales to approximately 3.5 billion Euros. This corresponds to an increase of Sales of approx. 9% compared to 2007, where Sales are expected to reach about 3.2 billion Euros.
