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Result(s) found: 17
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Rieter 1H2020 severely impacted by Covid-19
Sales amounted to CHF 254.9 million (first half year 2019: CHF 416.1 million), which represents a decline of 39 per cent compared to the previous year period.
Covid-19, Rieter, Covid-19 Pandemic, Rieter Group, Business Group Components, EBIT, Lockdown, ITMA, Barcelona, Machines & Systems, Covid Crisis Management, Restructuring According, Czech Republic, Netherlands, Customer And Technology Center
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Manufacturing rPET FDY using Oerlikon’s WINGS
As one of the world’s first companies, Polygenta has, since 2014, been producing 100 per cent recycled POY and DTY from post-consumer PET using the patented chemical recycling process developed by per-PETual Global Technologies.
Barmag Wings, Polygenta, Spinning System, Oerlikon Textile India, Lobal Recycled Standard, Stephan Faulstich, Manmade Fibres Production Solutions, Oerlikon Barmag, Chinese Textile Industry, Manmade Fibers Segment, Roland Fischer, Oerlikon Group
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Oerlikon sales increase in first half of 2019
The Group succeeded in increasing sales by 5.3 per cent to CHF 700 million, underlining Oerlikon’s structural growth and resilient business model built on technology leadership in long-term attractive markets.
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Oerlikon’s sales rise by 3%
Oerlikon Group’s EBITDA was sustained at a high level at CHF 93 million and a margin of 15.0 per cent. EBIT for Q1 2019 stood at CHF 44 million, or 7.1 per cent of sales.
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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.
Oerlikon Group, EBITDA, Dr Roland Fischer, Manmade Fibers Segment, Manmade Fibres, Technology, Diarc, Sucotec, Farsoon Technologies, AC-Automation, Yarn, Fibres, Nonwoven, MMF Producers, Rolf Gänz
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Double-digit profitability in Oerlikon's MMF segment
The Manmade Fibres Segment of Oerlikon captured a significant share of the business in the filament equipment market, where a high level of demand prevailed, particularly in China.
“We are pleased to announce another quarter of profitable growth”, said Dr Roland Fischer, CEO of Oerlikon Group. “Our positive performance confirms that our strategy addresses attractive markets, our initiatives and activities are delivering positive results, and we are able to take advantage of the growth momentum and opportunities in our end markets. Consequently, we are in a position to increase our full-year expectations for the second time this year.”
Manmade Fibres Segment, Oerlikon, Dr Roland Fischer, CEO Of Oerlikon Group, Manmade Fibres, Q3 2017, EBITDA, Georg Stausberg, CEO Of The Manmade Fibres Segment, D. Bernd Matthes, CEO Of The Drive Systems Segment, Dr Helmut Rudigier, Raisedoerlikon, Primateria In Sweden, Diapac LLC
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Big potential for Indo-Bangla ties
The Indian High Commissioner to Bangladesh, Harsh Vardhan Shringla has said that both countries need to work together to tap the benefits of global textile industry changes.
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