News Column

LGT-OC Oerlikon posts higher profit and dividend

February 26, 2014

ENP Newswire - 26 February 2014

Release date- 25022014 - OC Oerlikon posts higher profit and dividend.

OC Oerlikon (Attractive*) posted a 4.2% lower full-year operating profit (EBIT) of CHF 366m, exceeding the median analysts' estimate of CHF 352m.

Net income surged 19% to CHF 259m, while revenues fell 0.8% to CHF 2.88bn (consensus CHF 2.87bn). On the other hand orders increased by 3.2% to CHF 2.89bn, topping the CHF 2.86bn forecast. In its outlook, the Swiss industrial group sees organic sales growth and a stable order intake and profitability in 2014. Oerlikon proposes an 8% dividend increase to CHF 0.27.

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Source: ENP Newswire

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