OC Oerlikon Corp AG (OERL.SW), a provider of surface technologies, Tuesday said that its order intake climbed 5.2 percent to 396 million Swiss francs in the third quarter from 376 million francs in the year-ago quarter, helped by end market and regional diversification. On an organic basis, the order intake growth was 11 percent.
During the third quarter, sales declined 2.5 percent to 380 million francs from 390 million francs in the same period last year. On a constant FX basis, sales, however, rose 3 percent, helped by aviation and tooling.
On the heels of a good performance in the third quarter, Oerlikon Corp reaffirmed its fiscal 2025 outlook of sales to remain stable to slightly lower at constant FX and an operational EBITDA margin between 17.0 percent and 17.5 percent.
Additionally, Oerlikon said that Marco Freidl and Andreas Weiss will join the company's Executive Committee. Marco Freidl will assume the role of Chief Financial Officer or CFO, effective November 2025.
Freidl is currently serving as Oerlikon's Head of Group Strategy, Business Development, and M&A, and has extensive experience in corporate finance and a strong understanding of capital markets to his new position. He will succeed Markus Richter, who will be leaving the company.
On the Swiss Exchange, OERL.SW ended Monday's trading at 2.8020 francs, down 2.4 percent.
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