Browsing: Manmade Fibres Segment

Oerlikon sales increase in first half of 2019

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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.

Oerlikon’s sales rise by 3%

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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.

Double-digit profitability in Oerlikon’s MMF segment

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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.”