|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||44.85 - 44.85|
|52 Week Range||43.75 - 59.71|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.91 (4.36%)|
|1y Target Est||N/A|
Engineering group Andritz plans to cut jobs at its German subsidiary Schuler AG as the business feels the effect of a slowing car industry, its chief executive said on Wednesday without giving a scale. Andritz, which employs around 4,200 people at Schuler in Germany, plans to use 14 million euros (12 million pounds) of the 20 million euros it set aside for restructuring measures in the fourth quarter at the German unit, a spokesman said. Schuler specialises in systems, tooling, process expertise and services for the automotive industry.
Dividends play an important role in compounding returns in the long run and end up forming a sizeable part of investment returns. Historically, Andritz AG (VIE:ANDR) has paid a dividendRead More...
In June 2018, Andritz AG (VIE:ANDR) announced its earnings update. Overall, analysts seem fairly confident, as a 22.20% increase in profits is expected in the upcoming year, against the pastRead More...
Andritz has agreed to buy U.S. machine industry company and supplier Xerium Technologies in a cash deal worth roughly $833 million, the Austrian engineering group said on Monday. The move will enable Andritz, which makes machines and production lines for industries ranging from textiles and hydropower to steel and recycling, to strengthen its position in the paper industry, which Xerium supplies with parts and services. "Andritz will acquire Xerium for $13.50 per share in cash, in a transaction valued at approximately $833 million, including net financial liabilities of approximately $590 million," the Austrian company said.
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More...