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Groz-Beckert launching “transparent” knitting machines
Groz-Beckert will be joining textile companies from all over the world to present products and solutions across the entire textiles value chain. The Knitting segment will be presented at ITMA Asia with a focus on productivity and profitability. One particular highlight will be the “transparent” large circular knitting machine, with a gauge gradient of E10 to E50. Two other “transparent” machines from the flat knitting and warp knitting fields will round off the product presentation. Each of the three acrylic glass machines has individually removable elements for detailed viewing.
Raymond sees 7% growth in suitings segment
Raymond Textiles is targeting a 7-8 per cent growth in its suitings business next fiscal. Apart from suitings, the other segments under the textiles division include shirtings (fabrics for making shirts), made-to-measure garments and exports. The growth will come organically, including new product ranges. Over the last one year, the company explored new offerings focusing on functionality.
Oerlikon performs well in difficult market environment
Jürg Fedier, CFO of the Oerlikon Group says: “In 2015, we defined a strategic roadmap to develop Oerlikon into a more focused company, building on our unique competencies, technologies and positions in surface solutions, advanced materials, components engineering and manufacturing technology. We also completed important steps such as the sale of the Advanced Technologies Segment and the announced divestment of the Vacuum Segment.” “Our balance sheet is strong and allows for targeted investments in organic and inorganic growth. We delivered strong operating profitability in a difficult economic environment.
MAG launches online spinning monitoring system
The yarn manufacturing sector is a critical segment in the textile manufacturing chain as it is a resource - intensive process. Therefore, around the world, this segments of manufacturing faces numerous challenges in maintaining competitive manufacturing costs while meeting quality requirements.
Oerlikon delivers solid profitability
In the second quarter of 2015, Oerlikon Group´s order intake increased by 1% to CHF 731 million compared to CHF 724 million in Q2 2014. ¨We delivered solid profitability for the second quarter despite an increasingly challenging market environment.
Oerlikon sustains strong profitability
In the first quarter of 2015, Oerlikon continued to deliver a solid performance in a challenging market environment. Order intake went up by 17.0 per cent to CHF 793 million and sales increased by 10.1 per cent to CHF 782 million. For the 13th consecutive quarter, the EBITDA margin exceeded 15 per cent, coming in at 16.8 per cent.
The two global Swiss giants in the textile machinery´Oerlikon & Rieter ´achieved a double-digit growth in 2014. The Oerlikon Group sustained its strong operational performance and reported a sales increase by 16.1 per cent to CHF 3,215 million, driven by organic and inorganic growth.
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