Andritz stock rises as record backlog supports 2026 outlook
Published on 11/11/2026 at 17:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey developments for investors
- ANDRITZ reported strong third-quarter revenue growth and a record order backlog on October 29.
- Management confirmed its 2026 revenue and comparable EBITA margin guidance.
- Investors are now focused on backlog conversion, project execution and margin discipline.
Andritz stock extended its recent advance on Wednesday, November 11, after ANDRITZ's strong third-quarter update and a record order backlog kept the 2026 outlook intact. The company published the results on October 29, and its investor relations page lists the Q3 2026 report among its latest financial materials.
Andritz stock traded at 85.65 euros on Lang & Schwarz at 17:55 CET on Wednesday, November 11, 2026, 0.29 percent above the Xetra close of Wednesday, November 11. The quote was 2.45 percent above the 83.60 euros recorded in the previous relevant report on Tuesday, November 10.
Backlog strengthens revenue visibility
Third-quarter revenue rose 9.2 percent year over year to 2,059.6 million euros. Comparable EBITA increased 10.3 percent to 184.9 million euros, while the comparable EBITA margin held at 9.0 percent, compared with 8.9 percent a year earlier. Net income including non-controlling interests climbed 14.4 percent to 127.3 million euros.
Order intake reached 2,166.2 million euros, slightly below the year-earlier quarter but above two billion euros for the eighth consecutive quarter. The order backlog stood at 12,729.1 million euros on September 30, a company record and 21.7 percent above the level at the end of 2025.
Execution remains the next test
ANDRITZ confirmed 2026 revenue guidance of 8.0 billion to 8.3 billion euros and a comparable EBITA margin of 8.7 percent to 9.1 percent. Management expects project activity to remain at a high level and aims to convert the backlog into profitable growth.
For investors, the backlog improves visibility on future sales, but project timing, order trends across divisions and margin protection remain important. Hydropower and Metals supported demand in the third quarter, while weaker order intake in Pulp & Paper creates a tougher comparison for upcoming periods.
Andritz AG share at a glance
- Company: Andritz AG
- ISIN: AT0000730007
- WKN: 632305
- Xetra symbol: AZ2
- Lang & Schwarz quote: 85.65 euros on November 11, 2026, at 17:55 CET
- Change since previous report: 2.45 percent above 83.60 euros on November 10, 2026
- Xetra comparison: 0.29 percent above the November 11, 2026 close
European industrial stocks remain sensitive to order trends, interest rates and capital-spending expectations. Current ATX market reports provide the broader regional setting.
More news and analyses on Andritz stock will track further company updates and signals on backlog execution.
