Oerlikon Investor Presentation
Group impacted by COVID-19 pandemic in 2Q20;
OMF performed well with strong bookings
in CHF million
2Q20
2Q19
y-o-y
HY20
HY19
y-o-y
Order intake
604
672
-10.1%
1'081
1'352 -20.1%
Sales (3rd parties)
510
700
-27.2%
1'039
1'324
-21.5%
Operational
55
123
-55.3%
114
218
-47.7%
EBITDA
In % of sales
10.8%
17.6%
10.9%
16.4%
Operational EBIT
4
73
-94.0%
11
118
-90.5%
In % of sales
0.9%
10.4%
1.1%
8.9%
Top-line development at constant FX (y-o-y)
672
-4.2%
644
-22.6%
700
542
cerlikon
▪ 2Q20 Group Orders declined by 10.1% vs. 2Q19 due to
significant COVID-19 impact on Surface Solutions -
Manmade Fibers order intake increased by 22.8%
Group Sales declined by 27.2% vs. 2Q19
Lower activity in Surface Solutions in all business lines due
to COVID-19
Manmade Fibers sales declined by 22.8% vs. 2Q19 related
to high sales in previous year – full year delivery schedules
to be largely unaffected and on track
-
Negative FX impact on Sales and Orders from continuing
strengthening of reporting currency CHF
Operational EBITDA at 10.8% – strong cost control measures
only partially offset lower cost absorption due to the significant
decline in sales
Restructuring impairment charges to enable cost out actions
of CHF 26m excluded from operational results
Order intake
2Q 2019
Order intake 2Q 2020
at constant FX
Sales
2Q 2019
Page 42
Oerlikon Investor Presentation
October 2020
Sales 2Q 2020
at constant FXView entire presentation