Oerlikon's Q1 Results Impacted by Market Headwinds

Oerlikon, headquartered in Switzerland, reported stable order intake for Q1 2025 at CHF 421 million, a slight decrease from CHF 426 million in the previous year. Q1 sales were CHF 391 million, down from CHF 404 million, reflecting -3.7% at constant exchange rates. These results come despite softer industrial activity and cautious customer purchasing due to challenging markets.

The company signed a divestment agreement with Rieter to sell Barmag, categorizing it as discontinued operations. Barmag showed a sequential order intake improvement of 25% from Q4 2024, driven by filament demand, yet faced a decline compared to Q1 2024 due to seasonality.

Oerlikon has updated its 2025 financial guidance, indicating stable to slight growth in organic sales despite macroeconomic uncertainties from trade conflicts. The operational EBITDA margin is expected around 18.5%.