ANDRITZ SHARE
Another year outperforming the ATX
Share price development
In 2006, the Andritz share price once again developed very positively. It increased by 74.9%, thus showing a significantly better performance than the ATX (leading stock exchange index of the Vienna Stock Exchange), which rose only 21.2% during the same period. The highest closing price during the reporting period was 164.30 Euros (December 28, 2006), the lowest 92.50 Euros (January 18, 2006).
Trading volume
In 2006, the average daily trading volume of Andritz shares at the Vienna Stock Exchange was 88,895 shares (2005: 83,993 shares). The highest trading volume was 415,736 shares (June 13, 2006), the lowest 9,500 shares (February 15, 2006).
Shareholder structure of Andritz
Andritz has a very stable and well balanced shareholder structure. Approximately 26% of the shares are owned by Certus whose Managing Director is Wolfgang Leitner, President and CEO of Andritz. Other Managing Board members, executives, and employees of the Andritz Group hold approximately 2% of the shares. With approximately 72% of free float, Andritz has a widely diversified shareholder structure consisting of institutional investors and private retail shareholders. The majority of institutional investors come from Anglo-Saxon countries, including Great Britain and the USA, but also from Austria and Germany. Private retail investors are mainly based in Austria and Germany.
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Shareholder structure of the |
Shareholder structure of Andritz |
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Investor Relations
Each year, the Austrian Association for Financial Analysis and Asset Management (ÖVFA) and the Austrian business magazine GEWINN award prizes for special achievements in Investor Relations. In 2006, Andritz – for the fifth time in a row – received an award for its outstanding performance in the area of Investor Relations. After winning the “Overall Stock Exchange Award“ and “Investor Relations Online Award” in previous years, Andritz received the important “Corporate Governance Prize 2006”, which evaluates compliance with the rules of conduct outlined in the Austrian Corporate Governance Code for responsible company management and control aimed at creating shareholder value. In addition to the qualitative features, “soft facts” such as corporate transparency toward shareholders were also included in the evaluation.
Number of one-on-one meetings significantly increased
In 2006, Andritz staged a large number of road shows in the world’s most important financial centers. In total, over 190 individual one-on-one (1-1) meetings (2005: approximately 140 1-1 meetings) with institutional shareholders and financial analysts were held in London, Edinburgh, Milan, New York, Denver, Austin, San Francisco, San Diego, Boston, Toronto, Montreal, Zürich, Brussels, Amsterdam, Helsinki, Paris, Vienna, and Frankfurt. Andritz also presented itself at various investor conferences, such as JPMorgan’s Capital Goods Conference in London, Great Britain; Bank Austria’s Austrian Investor Conference in Kitzbühel, Austria; at the Investor Conference of Erste Bank in Stegersbach, Austria; and the Investor Conference of Capital Bank in Bad Aussee, Austria.
The 2006 Andritz Investor Days, held on 11-12 October in Lucerne, Switzerland, focused on newly acquired VA TECH HYDRO and the outlook for the hydropower market. The attending financial analysts and journalists also visited the manufacturing site of Andritz VA TECH HYDRO in Kriens, Switzerland, and the hydropower station of KWO, a long-term and satisfied customer of Andritz VA TECH HYDRO.
Analyst coverage further broadened
In 2006, Goldman Sachs and Sal. Oppenheim initiated the coverage on Andritz. In total, ten national and international banks and investment companies publish reports on Andritz on a regular basis. They are: Bank Austria/Creditanstalt, Berenberg Bank, Deutsche Bank, Erste Bank, Goldman Sachs, JPMorgan, Kaupthing Sofi, Sal. Oppenheim, UBS, and Raiffeisen Centrobank.
Key figures for Andritz shares
| ISIN Code | AT0000730007 |
| First Listing Day | June 25, 2001 |
| Types of Shares | no-par value shares, bearer shares |
| Total Number of Shares | 13 million |
| Authorized Capital | none |
| Free Float | approximately 72% |
| Stock Exchange | Vienna (Prime Market) |
| Ticker Symbols | Reuters: ANDR.VI; Bloomberg: ANDR, AV |
| Stock Exchange Indices | ATX, ATXPrime, WBI |
rep06-en-andritzshares.xls (Download size 19 KB)
Stock exchange figures
| 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | |
| Highest closing price (EUR) | 164.30 | 92.85 | 56.50 | 37.95 | 28.00 | 23.50 |
| Lowest closing price (EUR) | 92.50 | 56.59 | 35.00 | 21.00 | 19.40 | 20.52 |
| Closing price at year-end (EUR) | 164.30 | 92.85 | 56.10 | 37.95 | 22.99 | 21.30 |
| Market capitalization as of 31.12. (MEUR) | 2,135.9 | 1,207.1 | 729.3 | 493.4 | 298.9 | 276.9 |
| Performance | +74.9% | +62.8% | +52.5% | +65.0% | +7.9% | +3.8% |
| ATX weighting as of 31.12. (%) | 2.4077 | 1.8200 | 1.7656 | 2.3250 | 0.6992 | - |
| Average daily number of shares traded | 88,895 | 83,993 | 70,744 | 45,410 | 13,255 | 19,802 |
rep06-en-keyfiguresforandritzshares.xls (Download size 20 KB)
Source: Vienna Stock Exchange
Contact
Andritz Investor Relations
Dr. Michael Buchbauer (Head)
Petra Wolf (Assistant)
Stattegger Strasse 18, 8045 Graz, Austria
Phone: +43 316 6902 2722
Fax: +43 316 6902 465
welcome@andritz.com / www.andritz.com
