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Oerlikon Records Q1 Top-Line Results
Bolstered by the exceptional top-line performance and reinforced by disciplined cost management, the Group’s year-on-year EBITDA increased to CHF 123 million, yielding a high EBITDA margin of 15.1 per cent.
Big upswing in Oerlikon orders & sales
Oerlikon Group’s Manmade Fibers business recorded a substantial uptick in orders and sales, driven by the recovery of the filament equipment market in China.
Oerlikon ties up for disposable nonwovens
The Manmade Fibers segment of the Swiss Oerlikon Group is entering into a strategic partnership with the Italian company Teknoweb Materials s.r.l. aimed at extending the nonwovens production systems portfolio to include the high-growth market for disposable nonwovens.
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.
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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