Brief: OC Oerlikon Corporation AG Pfaeffikon Q3 EBIT At CHF 41 Mln

OC Oerlikon AG, Pfaeffikon

02/11/2023 05:34

Nov 2 (Reuters) - OC OERLIKON CORPORATION AG PFAEFFIKON
 OERL.S :
    * SALES AND MARGINS IMPACTED BY WEAK END MARKETS; FOCUSING
ON COST
CONTAINMENT AND STRONG TECHNOLOGY PIPELINE; LONG-TERM DEMAND
DRIVERS INTACT
    * CONTINUE TO EXPECT ORGANIC MID-SINGLE-DIGIT PERCENTAGE
SALES
DECLINE VERSUS. 2022 AT CONSTANT CURRENCIES
    * FURTHER CHF STRENGTHENING IN H2. OPERATIONAL EBITDA MARGIN
GUIDANCE UNCHANGED AT AROUND 15.5%
    * GROUP Q3 UNADJUSTED EBITDA WAS CHF 95 MILLION, OR 15.3% OF
SALES
    * Q3 EBIT WAS CHF 41 MILLION

Source text for Eikon:  ID:nEQ8TpGwra 
Further company coverage:  OERL.S 

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