Oerlikon announces the appointment of Dr. Brice Koch as Group Chief Executive Officer. Dr. Koch, who will assume the role during the first quarter of 2014, comes to Oerlikon following a successful career at ABB where he has been a member of ...
Tags: Oerlikon Group, Brice Koch
Oerlikon reported strong order intake and sequential margin improvement in Q3; guidance confirmed With a Q3 EBIT margin of 12.6 %, Oerlikon sequentially improved its profitability in the first nine months of 2013 and continued to deliver ...
Tags: Oerlikon, Fibers Segment
The Board of Directors of the Oerlikon Group announces that CEO Dr. Michael Buscher will leave the Company. The Board has appointed CFO Jurg Fedier interim CEO with immediate effect. Michael Buscher, who led the Oerlikon Group through ...
Tags: Oerlikon Group, Textile, company news
Oerlikon Group reports full year and fourth quarter 2012 results. -Oerlikon increased profitability to EBIT margin of 14.5 % -EBIT up by 32.4 % to CHF 421 million; EBIT margin at 14.5 % -Strong margin improvement in Textile, Drive ...
Tags: Oerlikon Group, Textile, Sales, 2012
The year 2012 was historical in many ways: First of all, the common people in the street discovered that the crisis in 2008 and 2009 didn't impact the financial world at all. Furthermore, the euro crisis revealed the true face of the ...
Tags: European Union, global finance market, textile machinery
Significant reduction of Oerlikon's exposure to the textile industry from 53 % to 33 % of total sales Remaining Textile Segment to focus on the manmade fiber business Transaction based on an enterprise value of around CHF 650 million ...
Tags: The Oerlikon Group, Textile Components, Natural Fibers
The Oerlikon Group has signed an agreement with the Jinsheng Group of China to divest the Natural Fibers and Textile Components Business Units from its Textile Segment.The divestment is an important strategic step to optimize and balance ...
The Oerlikon Group reported a solid increase in order intake of 7 % and a sales growth of 2 % for the third quarter 2012. The Q3 EBIT margin was sustained at the same level as in Q1 (excluding one-time effects) and Q2 2012. With 11.6 % it ...
Tags: Textile order intake, profitability level, textile market