Switzerland’s Oerlikon reports 6.9% decline in Q3 Sales to $667 mn

OC Oerlikon has reported Q3 2024 sales of CHF 580 million (~$667 million), down 6.9 per cent YoY, with an order intake of CHF 538 million (~$623.3 million), a 5.1 per cent decline.
Operational EBITDA was CHF 98 million, a 7.3 per cent drop.
For 9M 2024, sales decreased by 15.2 per cent to CHF 1,747 million (~$2,009 million).
EBITDA margin outlook remains around 16 per cent.