Investing in a global industrial leader
A company with a strong financial foundation, growth and future promise, Oerlikon is on the leading edge of technology and innovation, serving our customers in ways that profoundly improve their businesses.
We generated sales of CHF 2.6 billion (FY 2019) and distribute a sustainable dividend to our shareholders. Our net cash position and unlevered balance sheet allow for organic and inorganic investments.
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Kerstin Flötner
Head of Corporate Communications, Investor Relations & Marketing
Peter Dickson
Senior Investor Relations ManagerQ3 2020 Results
Strong Execution and Positive Market Outlook in Manmade Fibers; Surface Solutions End Markets Recovering at Varying Speeds; Cost Actions Delivering Results
- Strong Group performance: >200 basis points improvement in operational EBITDA margin while sales declined 6% year-over-year; showing strength of portfolio and effective cost actions.
- Manmade Fibers on track to achieve over CHF 1 billion of orders and sales in 2020; margin performance ahead of target.
- Surface Solutions orders and sales improved sequentially with further positive trends in September. Automotive recovering faster than expected. Cost measures yielding results: operational EBITDA margin of 14.8%.
- Cost programs ahead of plan and delivering results: >650 of targeted 800+ headcount reduced as of end September 2020; annualized run-rate savings of CHF ~70 million expected.
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Further empowering operating businesses and increasing customer focus by appointing Division CEOs as members of the Executive Committee, effective January 1, 2021
