Oerlikon says Group sales grew 26% to CHF877m (US$913m), with order intake up 19% to CHF845m.
The company generated a 15.6% EBITDA margin and profitability after absorbing one-time integration costs and acquisition accounting effects from the Metco transaction.
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At stable exchange rates, sales increased by 28% to CHF894m compared to CHF697m in Q3, 2013.
“We confirmed our ability to achieve strong performance despite a challenging market environment,” said Oerlikon CEO, Brice Koch.
“The Metco integration is progressing well and confirms the assumptions underlying the rationale for the deal.
“In light of our progress and current performance, we confirm our guidance for the full year 2014 and also see some upside on profitability.”
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