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OC Oerlikon Corporation AG Pfaeffikon (OERL.S)

OERL.S on Swiss Exchange

14.75CHF
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CHF-0.10 (-0.67%)
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CHF14.85
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Latest Key Developments (Source: Significant Developments)

OC Oerlikon Corporation H1 net profit up 11.6 pct at CHF 48 million
Tuesday, 8 Aug 2017 12:45am EDT 

Aug 8 (Reuters) - OC OERLIKON CORPORATION AG PFAEFFIKON ::‍GROUP NET PROFIT INCREASED BY 11.6 % TO CHF 48 MILLION IN FIRST HALF OF 2017​.‍FULL-YEAR GUIDANCE FOR 2017 CONFIRMED​.‍IN Q2, GROUP'S ORDER INTAKE INCREASED YEAR-ON-YEAR BY 21.9 % TO CHF 724 MILLION, WHILE SALES WENT UP BY 19.4 % TO CHF 689 MILLION​.‍EBITDA FOR Q2 INCREASED TO CHF 92 MILLION, CORRESPONDING TO A MARGIN OF 13.4 %​.‍EBIT FOR Q2 2017 WAS AT CHF 44 MILLION, OR 6.4 % OF SALES​.  Full Article

OC Oerlikon signs agreement to acquire Scoperta Inc.
Wednesday, 3 May 2017 12:45am EDT 

May 3 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::Oerlikon announced today that it has signed an agreement to acquire Scoperta Inc., solution provider in advanced materials development, based in California, USA.Both parties have agreed not to disclose purchase price.  Full Article

OC Oerlikon raises full-year guidance for 2017
Tuesday, 2 May 2017 12:45am EDT 

May 2 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::Group full-year guidance for 2017 raised.Raising target of group's sales and orders for full year 2017 to around 2.6 billion Swiss francs ($2.61 billion) and our operating profitability (EBITDA) to approach 14 percent.Q1 group orders climbed 21.1 percent to 712 million francs and sales increased 2.7 percent to 608 million francs compared to previous year.Group's year-on-year EBITDA increased to 86 million francs, corresponding to an EBITDA margin of 14.2 percent. EBIT for Q1 2017 stood at 39 million francs, and margin at 6.5 percent.  Full Article

OC Oerlikon: Geoffery Merszei new independent member of Oerlikon’s board
Tuesday, 7 Mar 2017 12:51am EST 

OC Oerlikon Corporation AG Pfaeffikon :Geoffery Merszei nominated as a new independent member of Oerlikon’s board of directors.  Full Article

OC Oerlikon Corporation AG Pfaeffikon Q4 sales down at CHF 613 million
Tuesday, 28 Feb 2017 12:30am EST 

OC Oerlikon Corporation AG Pfaeffikon : Proposing dividend payout of 0.30 Swiss francs per share as in previous year . FY group net result of 388 million Swiss francs ($385 million) . Outlook 2017: sales and order intake to increase to around 2.5 billion francs each, and operating profitability to be around prior-year level . Q4 sales came in at 613 million francs (Q4 2015: 657 million francs) . For Q4 2016, Oerlikon Group reported an increase in order intake year-on-year to 660 million francs (Q4 2015: 597 million francs) .Q4 2016 EBIT was 53 million francs (including restructuring, pension and impairment adjustments, totaling 7 million francs).  Full Article

OC Oerlikon signs two research partnerships - with TU Munich and Skoltech
Tuesday, 21 Feb 2017 12:45am EST 

OC Oerlikon Corporation AG Pfaeffikon :Oerlikon signed two research partnerships - with TU Munich and Skoltech - to advance the industrialization of additive manufacturing.  Full Article

OC Oerlikon invests CHF 55 mln in new facility in USA
Tuesday, 7 Feb 2017 12:45am EST 

OC Oerlikon Corporation AG Pfaeffikon : Expanding its global additive manufacturing (AM) business with a state-of--art R&D and production facility for additively manufactured advanced components in Charlotte metro area in North Carolina, USA . Will invest around 55 million Swiss francs ($55.36 million) in this facility in 2017 and 2018, and expects to create over 100 new jobs at this site over longer term . Expects demand for additively manufactured metal components to increase rapidly in coming years, making it one of key growth areas in next-generation manufacturing technologies .Charlotte site will be fully operational in 2018. Oerlikon will already begin its AM business activities in Charlotte from beginning of 2017 at an interim facility.  Full Article

Oerlikon signs new syndicated credit facility agreement
Wednesday, 7 Dec 2016 12:15pm EST 

OC Oerlikon Corporation AG Pfaeffikon : Signed new syndicated credit facility agreement .Signed today an agreement for a new, unsecured syndicated revolving credit facility amounting to 600 million Swiss francs ($595.95 million).  Full Article

OC Oerlikon Corporation completes sale of Vacuum Segment
Thursday, 1 Sep 2016 01:39am EDT 

OC Oerlikon Corporation AG Pfaeffikon : In 2016 full-year financial statements, Vacuum Business will be reported under discontinued operations .Expects net cash impact of around 330 million Swiss francs ($335.64 million) after closing vacuum segment sale to Atlas Copco and tax costs and result from discontinued operations in 2016 income statement to be approx. 280 million francs.  Full Article

OC Oerlikon: all approvals received for divestment of Vacuum Segment
Friday, 15 Jul 2016 06:00am EDT 

OC Oerlikon Corporation AG Pfaeffikon : All regulatory approvals have been received to conclude strategic sale of its Vacuum Segment to Atlas Copco .Expected net cash proceeds of around 330 million Swiss francs ($337.15 million) will provide additional flexibility for strategic way forward.  Full Article