3Wk·

Andritz secures order worth millions - the share does not (yet) care

Andritz ($ANDR (-0.62%) ) has won a major contract in Germany. A sewage sludge mono-incineration plant will be built on the site of the Böblingen waste incineration plant for a sum in the low three-digit million range.

The plant manufacturer will supply the complete plant technology for receiving, transporting, drying and incinerating the sewage sludge.

This is already the third order for such a plant in Germany for the Group in just over a year.


The company therefore continues to receive interesting orders that underline its special expertise. From a technical chart perspective, however, a sustained upward breakout from the long sideways trend has so far failed to materialize.


Let's see what happens.

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$ANDR (-0.62%)

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2 Comments

What does an order like that matter if the annual turnover is 8 billion, nothing is right
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@Frei In this context, it is not the amount of turnover that is of interest, but rather the know-how that is in demand
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