Switzerland's Oerlikon Q1 orders rise 18%, sales up 5%

OC Oerlikon AG, Pfaeffikon

30/04/2026 05:38

Overview

Switzerland's surface technologies firm Q1 orders rose 18% and sales grew 5% yr/yr

Growth driven by higher prices and volumes in materials, especially aviation and general industries

Company reaffirmed 2026 guidance after a positive Q1 and strong order backlog

Outlook

Oerlikon reaffirms its full-year 2026 financial guidance provided in February

Company cites current order backlog as supporting its full-year outlook

Oerlikon notes ongoing geopolitical tensions and FX headwinds impacting global markets

Result Drivers

MATERIALS DEMAND - Higher prices and volumes in materials, especially for aviation and general industries, drove Q1 growth

CRITICAL MATERIALS - Aviation and general industries customers focused on securing supply of Yttrium and Tungsten, boosting volumes

REGIONAL VARIATION - APAC performed strongly, Americas showed positive momentum, and Europe showed signs of stabilization

Company press release: ID:nEQl0TNZa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
CHF 378 mln
Q1 Orders
CHF 455 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy."

Wall Street's median 12-month price target for OC Oerlikon Corporation AG, Pfaeffikon is CHF3.70, about 13.1% above its April 29 closing price of CHF3.27

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 16 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)