OC Oerlikon (VTX:OERL) First Half 2024 Results

Key financial results

• Sales: CHF 1.17 billion (19% less than in the first half of 2023).

• Net profit: CHF 36.0 million (a decrease of 52% compared to the first half of 2023).

• Profit margin: 3.1% (compared to 5.2% in H1 2023). The decrease in margin was due to lower sales.

• Earnings per share: CHF 0.11 (compared to CHF 0.23 in the first half of 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

OC Oerlikon Earnings Insights

An average sales growth of 5.2% per year is expected for the next three years. In comparison, the growth forecast for the mechanical engineering industry in Switzerland is 6.7%.

Performance of Swiss machine industry.

The company’s shares fell 2.3 percent compared to the previous week.

Risk analysis

We don’t want to spoil the fun too much, but we also found 2 warning signals for OC Oerlikon (1 should not be ignored!) that you need to be aware of.

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