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OERL OC Oerlikon AG, Pfaeffikon News Story

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OC Oerlikon lowers full-year guidance after second-quarter results

Aug 5 (Reuters) - Swiss industrial group Oerlikon lowered its full-year guidance on Tuesday, citing weak industrial demand and the evolving burden on the economy of trade tariffs.

The group forecasts flat to slightly lower sales at a constant foreign exchange rate and an operational EBITDA margin of 17.5% to 17.0%.

It previously forecast stable to low single-digit percentage organic revenue growth and an operating margin of around 18.5%.

 (Reporting by Maria Rugamer and Bartosz Dabrowski in Gdansk; Editing by Christopher Cushing)

 ((maria.rugamer@thomsonreuters.com;))

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