Oerlikon reported strong Q1`17 results. Revenues increased by only 2.7% to CHF608m but order intake jumped 21.1% to CHF712m and the book-to-bill ratio reached 1.17x compared to 1x in Q1`16. The order backlog jumped 30% to CHF546m. EBIT grew 21.9% to CHF39m and the EBIT margin improved from 5.5% to 6.5%.
02 May 2017
Strong start to 2017
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Strong start to 2017
OC Oerlikon Corporation AG (0QO3:LON) | 0 0 1.0% | Mkt Cap: 5,256m
- Published:
02 May 2017 -
Author:
Heinz Steffen -
Pages:
2
Oerlikon reported strong Q1`17 results. Revenues increased by only 2.7% to CHF608m but order intake jumped 21.1% to CHF712m and the book-to-bill ratio reached 1.17x compared to 1x in Q1`16. The order backlog jumped 30% to CHF546m. EBIT grew 21.9% to CHF39m and the EBIT margin improved from 5.5% to 6.5%.