#Nonwovens / Technical Textiles

2023-03-09

ANDRITZ with record figures for 2022

Technology Group ANDRITZ achieved in 2022 the best figures in its history for order intake, revenue, and operating result (EBITA). ANDRITZ started the new business year with a record order backlog of around ten billion EUR. Together with strict cost and project management and the successful turnaround in the Metals business area with the German Schuler Group, that order backlog will form the basis for further growth and profitability increases in 2023.

Subject to the approval by the Annual General Meeting, shareholders will benefit from the excellent business development with a significant dividend increase to 2.10 EUR (previous year: 1.65 EUR) per share.

Order backlog of 10 billion EUR secures continued upward trend

Environmental technology remains growth driver

Significant dividend increase to 2.10 EUR per share

CEO Schönbeck: Growth potential beyond 2023

CEO Dr. Joachim Schönbeck said: “Business development in 2022 and also at the beginning of 2023 is extremely positive in view of the difficult general situation. The ANDRITZ team successfully withstood the challenges posed by the war in Ukraine, travel restrictions, and supply chain problems. ANDRITZ shows robust capacity for growth and good results. We are confident about our growth potential beyond 2023 because we have innovative technologies and solutions in all business areas that help our customers drive decarbonization, the circular economy and environmentally sound energy generation.”

The results of the business year 2022 in detail:

The order intake of 9,263.4 MEUR reached a record level and was thus significantly higher than the figure for the previous year (+17.6% compared to 2021: 7,879.7 MEUR). All four business areas contributed to the increase.

The order backlog as of the end of 2022 amounted to 9,976.5 MEUR and was thus significantly higher than the value for the previous year (+22.2% compared to 2021: 8,165.8 MEUR).

The revenue saw very favorable development during the 2022 business year and reached a new record level of 7,542.9 MEUR (+16.7% compared to 2021: 6,463.0 MEUR). All four business areas contributed to the increase in revenue.

The operating result (EBITA) increased slightly more than revenue and reached 648.5 MEUR, also a record level (+18.7% compared to 2021: 546.5 MEUR). All four business areas contributed to the increase in earnings. Profitability (EBITA margin) increased to 8.6% (2021: 8.5%).

The net income (including non-controlling interests) increased significantly compared to the previous year, amounting to 402.6 MEUR (+25.1% compared to 2021: 321.7 MEUR).

Due to the continued good business development and the high order intake in the past business year, ANDRITZ expects to continue its profitable course of growth in the business year 2023 and anticipates an increase in both revenue and earnings compared to 2022.

Chief Financial Officer Nettesheim: Strong growth in all four business areas

CFO Norbert Nettesheim said: “All four ANDRITZ business areas – Pulp & Paper, Metals, Hydro, and Separation – increased their order intake and revenue by significant double-digit percentages. At the same time, EBITA continued to increase in all areas. In the Metals business area, the Schuler Group achieved an impressive turnaround. Our net liquidity grew by 280 MEUR over the year to almost one billion euros even though we significantly increased capital expenditures by 15 percent to a good 184 MEUR in 2022. The current liquidity position gives us room for maneuver in the future.”

Ambitious targets for sustainability technologies

ANDRITZ is a technology specialist for building large-scale plants worldwide in many fields including renewable energies, e-mobility, and circular economy. “As of 2025, we want to achieve at least half of our business volume with products and solutions that contribute to sustainable operations at customers’ sites,” explained CEO Schönbeck: “We already have many technologies to that effect ready today for industrial use around the world, and we are working flat out on other innovative solutions.”

ANDRITZ built Germany's first CO2 capture plant for Rohrdorfer Zement, a company in Upper Bavaria, which will start regular operation in March. Instead of escaping into the air and contributing to global warming, the CO2 in Rohrdorf is washed out of the flue gas from cement production and can be used as an intermediate product in the chemical industry, for example.

Together with the Sovema Group, acquired in 2022, the ANDRITZ subsidiary Schuler will launch production systems for the planned gigafactories for the manufacture of lithium-ion battery cells. In this way, the companies can make a significant contribution to the success of electromobility in Europe.

Schönbeck: Further investment in decarbonization and transformation

"ANDRITZ is already supplying essential technologies for the energy transition and decarbonization today. We will continue to make targeted investments in the expansion and further development of our corresponding capacities and competencies," said CEO Schönbeck.

A Penteadora starts up ANDRITZ textile recycling and needlepunch nonwoven lines in Portugal

A Penteadora SA has successfully started up a complete mechanical textile recycling line and a needlepunch nonwoven line supplied by ANDRITZ at its production site in Unhais da Serra, Portugal. This investment enables A Penteadora to expand its industrial capabilities and develop a new generation of solutions based on pre- and post-consumer recycled textiles. The input materials originate from its own production waste and other textile waste streams. Both lines are fully operational, and the first products are expected to reach the market in July.

ATCO Hygienics, Uzbekistan, orders baby diaper production line from ANDRITZ

International technology group ANDRITZ has received an order from ATCO Hygienics to supply a new baby diaper production line for its plant in Tashkent, Uzbekistan. The order is included in ANDRITZ’s order intake for the first quarter of 2026. Commissioning of the production line is scheduled for the end of 2026.

Kruger, Canada, orders first nonwovens line for sustainable wipes from ANDRITZ

International technology group ANDRITZ has received an order from newly established Kruger Nonwovens to deliver a complete WetlaceTM hybrid line for the Wayagamack mill in Trois-Rivières, Quebec, Canada. With this investment, pulp and paper producer Kruger is preparing to enter the nonwovens market with a new generation of plastic-free, chemical-free materials for sustainable wipes. The line is the first of its kind in Canada and is scheduled to start production in 2028.

ANDRITZ sets focus on textile recycling and durable nonwoven production technologies at ITMA Asia 2025

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at ITMA ASIA + CITME 2025 in Singapore, from October 28 to 31, 2025 (Hall 2, D106). ANDRITZ will showcase its MMCF production plants, textile sorting and recycling, bast fiber processing, needlepunch, airlay, and life-cycle service technologies, with a focus on sustainable solutions. Discover how these innovations can grow your business opportunities and support a greener future.

OUTLOOK™ 2025: Charting a sustainable and innovative future for the Nonwovens Industry

EDANA concluded its flagship event, OUTLOOK™ 2025, last week, marking it as a major success and addressing the biggest questions facing the industry. The three-day conference highlighted the urgent need for a unified approach to sustainability, regulation, and innovation in the absorbent hygiene and wipes sectors.

Global Nonwovens Alliance unveils Inaugural Board, advancing collaboration and growth worldwide

The Global Nonwovens Alliance (GNA), a tax-exempt federation jointly founded by INDA, the Association of the Nonwoven Fabrics Industry, and EDANA, the Voice of Nonwovens, announces the appointment of its founding Board of Directors. This group of leaders represents some of the most influential executives across the nonwovens value chain and reflects GNA’s mission to foster global collaboration, innovation, and growth in the industry.

Expansive innovations converge in Shanghai as Yarn Expo Autumn 2026 opens doors next week

With just days to go, industry enthusiasm is building for the opening of Yarn Expo Autumn, Asia’s premier yarn and fibre trade fair, running from 25 – 27 August at the National Exhibition and Convention Center (Shanghai). Across 27,000 sqm in Hall 8.2, buyers will find nearly 600 exhibitors from 14 countries and regions, spread across seven specialised zones that range from cutting-edge man-made and regenerated fibres to time-honoured cashmere and silk. Beyond the extensive sourcing options, a fringe programme of trend showcases, presentations and product launches rounds out the three¬day event with design, innovation and market intelligence.

DOMOTEX Southeast Asia 2026 - Building the Gateway to ASEAN's fast-growing flooring market

From 11–13 November 2026, the inaugural DOMOTEX Southeast Asia will take place at BITEC (Bangkok International Trade & Exhibition Centre) in Bangkok, Thailand. Jointly organized by GLOBUS Events Limited and Hannover Milano Fairs Shanghai Ltd., with Worldex G.E.C. Co., Ltd. as the local partner, the exhibition marks the expansion of the internationally recognized DOMOTEX brand into Southeast Asia. As the newest addition to the global DOMOTEX portfolio, the exhibition has been developed specifically to serve the rapidly evolving ASEAN market, creating a dedicated business event for the flooring and interior finishing industry.

Execs help steer Cascale’s consumer goods agenda in Athens

The 2026 Cascale Annual Meeting, taking place September 15–17 in Athens, Greece, will convene leaders from across the global consumer goods value chain to tackle one of the industry’s defining questions: how to accelerate meaningful, system-wide transformation. Guiding those conversations as this year’s co-chairs are Sean Cady, vice president, global sustainability, responsibility, trade, and government affairs at VF Corporation, and Dr. Delman Lee, vice chair at TAL Apparel Limited.