Investing.com - Andritz AG reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Andritz AG announced earnings per share of €0.97 on revenue of €1.79B. Analysts polled by Investing.com anticipated EPS of €0.9131 on revenue of €1.67B.
Andritz AG shares are up 2% from the beginning of the year and are trading at €45.540 , down-from-52-week-high.They are under-performing the PSI which is up 9.94% from the start of the year.
Andritz AG follows other major Industrials sector earnings this month
Andritz AG's report follows an earnings missed by Zumtobel AG on Friday, July 1, 2022, who reported EPS of €0.23 on revenue of €301.7M, compared to forecasts EPS of €0.30 on revenue of €272.8M.
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