Browsing: Dr. Roland Fischer

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.

Dana is a world leader in highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery.

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.

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.”

Oerlikon has announced that it has acquired Primateria AB in Sweden und signed an agreement to acquire the assets of DiaPac LLC and Diamond Recovery Services Inc (DRS) in the US.