Oerlikon Investor Presentation
CapEx to depreciation ratio exceeding target corridor for
future growth - converging towards corridor to continue
CapEx
ærlikon
Depreciation & amortization¹
CapEx / depr. & amort. ratio
In CHF million
In CHF million
-27%
66
48
1H19
1H20
63
1H19
0%
1.8
63
1.6
1.71
1.47
1.42
1.4
1.41.44 1.16
1.2
1.09
1.01
1.0
0.76
0.8
0.6
0.4
0.2
0.0
1H20
FY FY FY FY FY FY FY FY 1H
2012 2013 2014 2015 2016 2017 2018 2019 2020
Surface Solutions Segment ratio of 1.34 - investments in capacity / footprint expansion while investments in Additive Manufacturing
substantially reduced (CHF 10 m CapEx)
Manmade Fibers Segment ratio of 1.65 as a result of relatively higher capex in 2019 in an asset light business with low level of D&A
1 Depreciation & amortization excluding amortization of acquired intangible assets and depreciation related to right of use assets under IFRS16 (leasing)
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Oerlikon Investor Presentation
October 2020View entire presentation