Browsing: EBIT

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.

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

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.

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.