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Key figures

Oerlikon sustains strong operational performance in 2014 – Dividend increase
  • Strong sales growth of 16.1 %
  • Order intake up by 9.0 %
  • Solid profitability with EBITDA margin of 16.3 %
  • Achieved further key strategic steps in portfolio strengthening with acquisition of Metco and announced sale of the Advanced Technologies Segment
  • After absorbing the one-time integration and acquisition accounting effects from the Metco transaction, net income stood around prior-year level at CHF 202 million
  • Third consecutive dividend increase in 2014 to CHF 0.30 per share proposed
  • Outlook 2015 at constant exchange rates: sales and order intake to grow, profitability to be sustained

Five-year summary of key figures

in CHF million 2014 2013 2012 2011 2010

Order intake1

3 028 2 779 2 802 2 878 4 520
Order backlog1 715 800 834 971 1 702
Sales1 3 215 2 770 2 906 2 731 3 601
           
EBITDA1 525 483 547 450 278
– as % of sales 16 % 17 % 19 % 16 % 8 %
EBIT1 360 359 421 318 51
– as % of sales 11 % 13 % 14 % 12 % 1 %
           
Net income 202 201 380 224 5
– as % of equity attributable to shareholders of the parent 9 % 10 % 20 % 14 % 0 %
           
Cash flow from operating activities3 427 435 414 544 354
Capital expenditure for property, plant and equipment
and intangible assets1
166 177 181 167 150
           
Total assets 4 966 4 094 4 158 4 573 4 475
Equity attributable to shareholders of the parent 2 188 2 072 1 860 1 586 1 430
– as % of total assets 44% 51 % 45 % 35 % 32 %
           
Net cash2,4 114 981 339 -86 -274
           
Net Operating assets2,5 2 685 1 586 1 575 2 205 2 196
Number of employees1 15656 12660 12708 12726 16657
Personnel expenses1 909 737 765 740 1 015
Research and development expenditures1,6 121 101 106 102 239

1 2014 continuing operations, 2013 restated, 2012, 2011 and 2010 as reported.
2 2014 continuing operations, 2013, 2012, 2011 and 2010 as reported.
3 Before changes in net current assets.
4 Net cash includes cash and cash equivalents and marketable securities less current and non-current debt.
5 Net operating assets include current and non-current operating assets  (including goodwill and brands and excluding cash and cash equivalents,  current financial investments, current income tax receivables and deferred tax assets) less operating liabilities (excluding current loans and borrowings,  non-current financial liabilities, current income tax payables and deferred tax liabilities).
6 Research and development expenditure includes expenses recognized as intangible assets.