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Oerlikon achieves strong growth in all segments
In 2017, Oerlikon delivered on its targets and recorded top-line growth as well as improved operating profitability across all segments.Dr Roland Fischer, CEO Oerlikon Group, said, The year 2017 marks a year of strong financial performance for the group and across all segments
Rieter's order intake grows by 16%
Rieter’s growth in order intake in the Asian countries (excluding China, India and Turkey) was pleasing.
The Rieter Group achieved an order intake of CHF 1 051.5 million in the 2017 financial year. This represents an increase of 16 per cent compared to the previous year (+ CHF 146.3 million). Thus, the upturn seen in the first half of 2017 continued. Sales totaled CHF 965.6 million, up 2 per cent on the previous year (2016: CHF 945.0 million). The full annual financial statements and the 2017 Annual Report will be published by Rieter on March 13, 2018.
Rieter order intake up 13%
The 2016 financial year was characterised by a significantly higher order intake, especially in the first half year, and lower sales compared to the previous year. Despite the decline in sales, Rieter achieved an EBIT margin of 6 per cent. Against the background of the solid financial and earnings position, the Board of Directors proposes to the shareholders to increase the dividend compared to the previous year.
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.
Rieter posts impressive 1st half results
Net profit of Rieter rose to 29.1 million CHF or 5.3% of sales as compared to 14.3 million CHF or 2.7% of sales in the first half of 2014 Rieter achieved a significant increase in sales and profitability in the first half of 2015. Sales rose by 6 per cent to 553.9 million CHF.
"Switzerland is the fifth largest exhibitor in ITMA"
Swissmem is the Swiss association of mechanical and electrical engineering industries (MEM industries). Swissmem was created by the merger of two associations: ASM (Association of Swiss Engineering Employers) und VSM (Swiss Association of Machinery Manufacturers).
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