May 2021

First quarter results for Oerlikon have been released and paint a healthy picture, with a significant improvement on the same period last year in the key economic indicators.

Orders rose by 34.6%, with a total of 643 million CHF, sales increased by 7.2% to 568 million CHF and operating EBITDA was 88 million CHF, a year-on-year rise of 46%. The results confirm the group’s solid position and positive growth trend, and are testament to the core business strategies in place that enabled it to overcome the impact of the global health crisis.

Other noteworthy results include a 17.7% increase in operating EBITDA in the surfaces division, driven by structural cost reductions and an improved business mix.

The polymer processing division also showed strong performance compared with the first quarter of 2020, with overall sales and profitability stable and on track to meet 2021 growth targets. The recently-announced acquisition of INglass is set to accelerate this positive trend and the group’s move towards global leadership in the polymer segment.

Behind these successful numbers are the passion and commitment of our people who enabled us to respond rapidly to changes in the market. We also strengthened our relationships with our clients and invested in new technology that will see future technological developments go hand in hand with sustainability.

We are not resting on our laurels. This is just the beginning.