EANS-News: ANDRITZ AG Annual General Meeting approves dividend of 1.55 euros per share

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Annual & Special Corporate Meetings

Graz -
MARCH 27, 2019. At today's 112th Annual General Meeting of ANDRITZ AG, the
shareholders approved a dividend payment of 1.55 euros per share for the 2018
business year (2017 business year: 1.55 euros per share). This is equal to a
payout ratio of approximately 70.5% or a dividend yield of approximately 3.9%
based on the current ANDRITZ share price.

The ex-dividend date is March 29, 2019 and the date of dividend payment is April
2, 2019.

Following the expiry of her regular mandate, Monika Kircher was elected once
again as member of the Supervisory Board. Kurt Stiassny stepped down as member
of the Supervisory Board at the Annual General Meeting held today. Alexander
Leeb was newly elected as member of the Supervisory Board, effective as of the
end of today's Annual General Meeting.

Both members of the Supervisory Board were elected for the maximum period
stipulated in the Articles of Association (i.e. until the day of the Annual
General Meeting that decides on the discharge for 2023).

All items on the agenda were approved by the shareholders present at the
Meeting.

- End -

PRESS RELEASE AVAILABLE FOR DOWNLOAD
This press release is available for download at andritz.com/news.

ANDRITZ GROUP
ANDRITZ is an international technology group providing plants, systems,
equipment, and services for various industries. The company is one of the
technology and global market leaders in the hydropower business, the pulp and
paper industry, the metal working and steel industries, and in solid/liquid
separation in the municipal and industrial segments. Other important fields of
business are animal feed and biomass pelleting, as well as automation, where
ANDRITZ offers a wide range of innovative products and services in the IIoT
(Industrial Internet of Things) sector under the brand name of Metris. In
addition, the company is active in power generation (steam boiler plants,
biomass power plants, recovery boilers, and gasification plants) and
environmental technology (flue gas and exhaust gas cleaning plants) and offers
equipment for the production of nonwovens, dissolving pulp, and panelboard, as
well as recycling plants.

ANDRITZ stands for passion, partnership, perspectives and versatility - core
values to which the company is committed. The listed Group is headquartered in
Graz, Austria. With almost 170 years of experience, 29,000 employees, and more
than 280 locations in over 40 countries worldwide, ANDRITZ is a reliable and
competent partner and helps its customers to achieve their corporate and
sustainability Goals.

Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement euro adhoc
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issuer: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
ISIN: AT0000730007
indexes: ATX, WBI
stockmarkets: Wien
language: English

Original-Content von: Andritz AG, übermittelt durch news aktuell