The Business Area’s positive financial development in 2005 was greatly influenced by the effects of the successful restructuring measures implemented in 2004. As a result, Earnings and Profitability improved substantially compared to 2004.

Despite lower Sales, which decreased to 93.6 MEUR (2004: 99.6 MEUR) as a result of the low Order Backlog as of the end of 2004, EBITA, at 7.2 MEUR, more than tripled compared to 2004 (2.2 MEUR). Profitability (EBITA margin) surged to 7.7% (2004: 2.2%).

Order Intake of the Business Area developed favorably, rising to 101.2 MEUR in 2005. This is an increase of 10.0% compared to 2004 (92.0 MEUR), providing a solid basis for Sales in the coming Quarters.

In 2005, the Business Area further enhanced its manufacturing capabilities. It acquired the majority of shares of a machining and fabrication company in Slovakia, and started manufacturing of strategic products for the Asian market at Andritz Technologies China in Foshan, China.

The main goals for 2006 will be further organic growth and the evaluation of further steps to expand the Business Area. Besides potential acquisitions, the focus will be based on the development of new products and further regional expansion.