Oerlikon Reports Robust First Half 2026 Performance

Oerlikon Metco Inc. announced strong results for the first half of 2026, prompting the company to raise its full-year guidance. The company's order intake increased by 19% compared to the previous year, driven by higher volumes and increased material prices, particularly in Aviation, Power Generation, and General Industries. Sales grew by 6.7% at constant exchange rates, reflecting a positive trend.

Profitability showed significant improvement, with operational EBITDA rising to CHF 156 million, representing 19.7% of sales, partially due to cost-out actions from the prior year and favorable materials price effects. Net profit reached CHF 328 million, bolstered by the divestment gain from Barmag. The company also made strides in reducing debt, achieving its debt/Operational EBITDA target six months ahead of schedule.

Following these results, Oerlikon adjusted its annual outlook. The company now expects mid-single-digit sales growth and has increased its operational EBITDA margin target. The introduction of a new segment reporting structure will provide clearer insights into its focused portfolio, which now includes Coating Services, Materials & Equipment, and Components.