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OC Oerlikon Corporation AG Pfaeffikon (OERL.S)

OERL.S on Swiss Exchange

10.65CHF
22 Mar 2017
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Latest Key Developments (Source: Significant Developments)

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

Oerlikon joins America Makes
Thursday, 16 Jun 2016 12:45am EDT 

OC Oerlikon Corporation AG Pfaeffikon :Oerlikon announced today that it has joined America Makes, US National Additive Manufacturing Innovation Institute.  Full Article

OC Oerlikon Corporation Pfaeffikon Q1 sales down 14.3 pct at CHF 592 million
Tuesday, 10 May 2016 12:45am EDT 

OC Oerlikon Corporation AG Pfaeffikon : Full-Year guidance for 2016 confirmed . Group sales in Q1 were 592 million Swiss francs, a decrease of 14.3 pct compared to 691 million Swiss francs reported in Q1 2015 .Q1 EBITDA came in lower at 77 million Swiss francs, or 13.0 pct of sales. EBIT for Q1 2016 stood at 32 million Swiss francs, and margin at 5.5 pct (Q1 2015: 77 million Swiss francs, 11.1 pct).  Full Article

Oc Oerlikon Corporation Pfaeffikon acquires Truetzschler's staple fiber technology portfolio
Monday, 18 Apr 2016 12:45am EDT 

Oc Oerlikon Corporation Pfaeffikon AG:Acquires Truetzschler's staple fiber technology portfolio.Expansion of manmade fibers business.  Full Article

More From Around the Web

BRIEF-OC Oerlikon: Geoffery Merszei new independent member of Oerlikon’s board

* Geoffery Merszei nominated as a new independent member of Oerlikon’s board of directors Source text - http://bit.ly/2mzoTWH Further company coverage: (Gdynia Newsroom)