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     Key Figures of the Andritz Group 2000-2003       
     Company Profile       
     Letter from the Managing Board       
     Andritz in 2003       
     Strategy       
     Andritz Share       
     Corporate Governance       
     Status Report       
     Company Risks       
     Business Areas       
     Andritz Automation       
     Quality       
     Employees       
     Environmental Protection       
     Manufacturing       
     Business Process Management       
     Consolidated Financial Statements 2003       
     Report of the Supervisory Board       
     Addresses of the Andritz Group       
     Technical Glossary       




Highlights of the 2003 Business Year

   Order Intake reaches record level

   Improvement of Sales and Earnings

   Continuation of complementary acquisitions

   Andritz shares outperform ATX

   High Order Backlog provides solid basis for 2004




Order Financial Reports