Starkes 2.Qartal von Capital Bank erwartet
On Friday we expect to see strong 2Q results with net sales of EUR 831.8
mln, providing EUR 54.8 mln of EBIT (EBIT margin 6.2%). On the bottom line,
we expect a net profit of EUR 40.1 mln. Our buy recommendation on Andritz
is backed by the calculated 12M price target of EUR 49.28. Consensus for
order intake is: EUR 821 mln, sales: 866 mln, EBIT 54 mln, EBT 55 mln and
Net Income 39 mln.
