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Positive market outlook in man-made fibres
Oerlikon order intake declined by 17.3 per cent year-over-year to CHF 518 million and Group sales decreased by 6.4 per cent to CHF 593 million, partly due to adverse currency movements.
Dollar announces Q1 FY21 results
Dollar Industries, one of the leading garment and hosiery companies in the country, has announced its financial results for the quarter ended June 30, 2020.
MSMEs face existential crisis
Crisil report says that the pain will radiate as India Inc heads towards approximately 15 per cent decline in revenue and approximately 25 per cent fall in earnings before interest, taxes, depreciation and amortisation (Ebitda).
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.
Filatex reports 50% YoY growth for Q2FY19
Filatex India Limited, a leading manufacturer of synthetic man-made filament yarns, said its Q2FY19 net profit increased 50 per cent to Rs 20.25 crore as the company opened a new production line. Revenue rose 73 per cent to Rs 718 crore during the July-September quarter. The results are unaudited.
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
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.
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