+ Sales of the ANDRITZ GROUP amounted to 1,185.7 MEUR – an increase of 28.4% compared to the reference figure for the previous year (Q1 2011: 923.7 MEUR). All business areas, particularly PULP & PAPER, achieved significant increases in sales. Order intake amounted to 1,361.2 MEUR. Although declining by 18.3% compared to the very high figure of last year’s reference period (Q1 2011: 1,666.0 MEUR), which included a major PULP & PAPER order, the order intake nevertheless reached a favorably high level.

+ The order backlog as of March 31, 2012 rose by 5.3% compared to the end of the previous year, reaching 7,034.7 MEUR (December 31, 2011: 6,683.1 MEUR).

+ The EBITA in the first quarter of 2012 amounted to 72.5 MEUR, thus increasing – in line with sales – by 29.2% compared to the previous year’s reference value (Q1 2011: 56.1 MEUR). The EBITA margin (profitability), at 6.1%, remained unchanged compared to the first quarter of 2011 (6.1%).

+ Net income (excluding non-controlling interests) amounted to 50.5 MEUR and was thus significantly above the reference figure for the previous year (+36.5% vs. Q1 2011: 37.0 MEUR).

+ The net worth position and capital structure as of March 31, 2012 remained solid. The equity ratio amounted to 19.5% (December 31, 2011: 20.6%). The liquid funds (cash and cash equivalents plus marketable securities plus loans against borrowers’ notes) amounted to 1,730.3 MEUR (December 31, 2011: 1,814.5 MEUR). Net liquidity (liquid funds plus fair value of interest rate swaps minus financial liabilities) amounted to 1,301.4 MEUR (December 31, 2011: 1,400.6 MEUR).