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OC Oerlikon Corporation AG Pfaeffikon (OERL.S)

OERL.S on Swiss Exchange

11.67CHF
18 Oct 2018
Change (% chg)

CHF-0.16 (-1.35%)
Prev Close
CHF11.83
Open
CHF11.80
Day's High
CHF11.85
Day's Low
CHF11.65
Volume
1,006,784
Avg. Vol
1,069,896
52-wk High
CHF18.27
52-wk Low
CHF11.61

Latest Key Developments (Source: Significant Developments)

Oerlikon Signs Definite Agreement With Dana For Sale Of Drive Systems Segment
Monday, 30 Jul 2018 

July 30 (Reuters) - OC OERLIKON CORPORATION AG PFAEFFIKON ::OERLIKON SIGNED DEFINITE AGREEMENT WITH DANA INC. FOR SALE OF DRIVE SYSTEMS SEGMENT.DIVESTITURE IS FOR ENTERPRISE VALUE OF CHF 600 MILLION.ENTERPRISE VALUE APPROXIMATELY EQUALING CASH PROCEEDS EXPECTED FOR SALE AT CLOSING.TRANSACTION IS EXPECTED TO CLOSE IN LATE 2018 OR Q1 OF 2019.  Full Article

Oerlikon And Lufthansa Technik To Jointly Accelerate Additive Manufacturing Processes And Standards
Wednesday, 11 Jul 2018 

July 11 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::Am Partnership For Aerospace - Oerlikon And Lufthansa Technik To Jointly Accelerate Additive Manufacturing Processes And Standards .  Full Article

Oerlikon Launches IPO Of GrazianoFairfield AG, Sets Price Range From CHF 48 To CHF 62
Thursday, 28 Jun 2018 

June 28 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::OERLIKON LAUNCHES IPO OF GRAZIANOFAIRFIELD AG AND SETS PRICE RANGE FROM CHF 48 TO CHF 62.LISTING AND COMMENCEMENT OF TRADING ON SIX SWISS EXCHANGE EXPECTED TO TAKE PLACE ON JULY 11, 2018.EXPECTED MARKET CAPITALIZATION IN RANGE OF CHF 480 MILLION TO CHF 620 MILLION.A TOTAL OF AROUND 87 % OF SHARES IN GRAZIANOFAIRFIELD WILL BE PLACED.  Full Article

OC Oerlikon Says Does Not Expect Investor Sentiment on Drives Business To Be Impacted By Large Oerlikon Shareholder Vekselberg
Friday, 15 Jun 2018 

June 15 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::SAYS AIMS TO INVEST PROCEEDS FROM IPO IN ITS EXISTING BUSINESS, TAKEOVERS.SAYS CURRENTLY SEES NO NEGATIVE IMPACTS OF TRADE CONFLICT FOR DRIVES BUSINESS, DOES NOT KNOW WHAT THE SITUATION WILL BE IN A HALF YEAR.SAYS DOES NOT EXPECT INVESTOR SENTIMENT FOR DRIVES BUSINESS TO BE IMPACTED BY LARGE OERLIKON SHAREHOLDER VEKSELBERG.  Full Article

OC Oerlikon Plans IPO Of Drive Systems Segment
Friday, 15 Jun 2018 

June 15 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::PLANS INITIAL PUBLIC OFFERING (IPO) OF DRIVE SYSTEMS SEGMENT ON SIX SWISS EXCHANGE.OFFERING EXPECTED TO BE COMPLETED IN Q3 2018, SUBJECT TO CAPITAL MARKET ENVIRONMENT.OERLIKON GROUP CONTINUES TO FOCUS ON SURFACE SOLUTIONS AND MANMADE FIBERS BUSINESSES.OFFERING EXPECTED TO COMPRISE 87 % OF SHARES IN GRAZIANOFAIRFIELD.  Full Article

OC Oerlikon: Changes In Oerlikon's Shareholding Structure
Tuesday, 22 May 2018 

May 22 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::CHANGES IN OERLIKON'S SHAREHOLDING STRUCTURE - RENOVA ANNOUNCED PARTIAL EXIT FROM ITS INVESTMENT IN OERLIKON.RENOVA'S EFFECTIVE SHAREHOLDING IN LIWET DROPPED BELOW CONTROLLING BLOCK AND AMOUNTS TO 44.46 % IN TOTAL.  Full Article

OC Oerlikon Q1 EBIT Up 84.6 Pct At CHF 72 Million
Wednesday, 2 May 2018 

May 2 (Reuters) - OC Oerlikon Corporation AG Pfaeffikon ::GUIDANCE CONFIRMED.EBIT FOR Q1 2018 STOOD AT CHF 72 MILLION, OR 8.9 % OF SALES.Q1 EBITDA INCREASED TO CHF 123 MILLION, YIELDING A HIGH EBITDA MARGIN OF 15.1 %.OVER 35 % INCREASE IN GROUP ORDER INTAKE AND SALES.Q1 SALES 813 MILLION CHF, UP 35.7 %.  Full Article

OC Oerlikon Secures Two Contracts Worth Total Of Over CHF 500 Million
Friday, 19 Jan 2018 

Jan 19 (Reuters) - OC OERLIKON CORPORATION AG PFAEFFIKON ::SECURES TWO MAJOR CONTRACTS WORTH A TOTAL OF OVER HALF A BILLION SWISS FRANCS FOR MANMADE FIBERS SOLUTIONS.TWO CONTRACTS HAVE A TOTAL VALUE OF APPROXIMATELY CHF 540 MILLION (EURO 460 MILLION).ORDERS INCLUDE OERLIKON BARMAG'S LEADING YARN SPINNING TECHNOLOGY FOR POLYESTER PRODUCTION.  Full Article

OC Oerlikon raises FY 2017 outlook‍​
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - OC OERLIKON CORPORATION AG PFAEFFIKON ::Q3 GROUP ORDERS UP YOY BY 29.2 % TO CHF 739 MILLION (Q3 2016: CHF 572 MILLION)‍​.Q3 SALES WERE UP BY 31.5 % TO CHF 722 MILLION (Q3 2016: CHF 549 MILLION)‍​.Q3 GROUP’S EBITDA AT CHF 112 MILLION (Q3 2016: CHF 81 MILLION)‍​.Q3 EBIT AT CHF 63 MILLION, (Q3 2016: CHF 37 MILLION)‍​.RAISING ITS GUIDANCE FOR THE FULL YEAR OF 2017‍​.OUTLOOK 2017: ORDER INTAKE TO EXCEED CHF 2.8 BILLION, SALES AROUND CHF 2.75 BLN‍​.OUTLOOK 2017: GROUP’S EBITDA MARGIN ANTICIPATED AT AROUND SAME LEVEL AS IN 2016.  Full Article

Oerlikon says ‍acquires surface and material technologies, expands technology portfolio​
Thursday, 5 Oct 2017 

Oct 5 (Reuters) - OC OERLIKON CORPORATION AG PFAEFFIKON ::‍ACQUIRES PROMISING SURFACE AND MATERIAL TECHNOLOGIES AND EXPANDS TECHNOLOGY PORTFOLIO​.ACQUIRED PRIMATERIA AB IN SWEDEN UND SIGNED AGREEMENT TO ACQUIRE ASSETS OF DIAPAC LLC AND DIAMOND RECOVERY SERVICES INC (DRS) IN US​.‍COMBINED 2016 REVENUE OF ACQUIRED COMPANIES ARE OVER CHF 10 MILLION AND THEY HAVE A WORKFORCE OF OVER 40 EMPLOYEES​.‍ALL PARTIES INVOLVED IN ACQUISITIONS HAVE AGREED NOT TO DISCLOSE PURCHASE PRICES​.  Full Article

OC Oerlikon pulls IPO for low-profit drives unit

ZURICH Industrial group OC Oerlikon shelved a listing for its drives unit on Monday citing market volatility, adding to signs that the Swiss IPO market, which got off to a strong start this year, is cooling.