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    OERL   CH0000816824

OC OERLIKON CORPORATION AG

(OERL)
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Delayed Swiss Exchange  -  05/23 11:30:56 am EDT
7.085 CHF   +0.78%
05/17TRANSCRIPT : OC Oerlikon Corporation AG - Analyst/Investor Day
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05/17?Not a Single Day Without Oerlikon? ? Capital Markets Day
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05/04To the Financial Community
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Oerlikon - Dr. Suzanne Thoma to not stand for re-election in 2022

12/07/2021 | 06:39am EDT

Dr. Suzanne Thoma has informed the Board of Directors that she would like to focus on her activities outside Oerlikon.

She has therefore decided not to stand for re-election to the Board of Directors of OC Oerlikon Corporation AG, Pfaffikon at the next Annual General Meeting in 2022. Dr. Suzanne Thoma has been a member of the Board of Directors since 2019.

Prof. Dr. Michael Suss, Chairman of the Board of Directors of OC Oerlikon Corporation AG, Pfaffikon, says: 'On behalf of the Oerlikon Group I would like to thank Dr. Suzanne Thoma for her considerable commitment and contribution to Oerlikon. Oerlikon wishes Dr. Suzanne Thoma all the best for the future.'

The Board of Directors of OC Oerlikon Corporation AG, Pfaffikon will inform on the succession plan in due time.

About Oerlikon

Oerlikon (SIX: OERL) is a global innovation powerhouse for surface engineering, polymer processing and additive manufacturing. The Group's solutions and comprehensive services, together with its advanced materials, improve and maximize the performance, function, design and sustainability of its customers' products and manufacturing processes in key industries. Pioneering technology for decades, everything Oerlikon invents and does is guided by its passion to support customers' goals and foster a sustainable world. Headquartered in Pfaffikon, Switzerland, the Group operates its business in two Divisions - Surface Solutions and Polymer Processing Solutions. It has a global footprint of more than 10 600 employees at 179 locations in 37 countries and generated sales of CHF 2.3 billion in 2020.

Disclaimer

OC Oerlikon Corporation AG, Pfaffikon together with its affiliates, hereinafter referred to as 'Oerlikon', has made great efforts to include accurate and up-to-date information in this document. However, Oerlikon makes no representation or warranties, expressed or implied, as to the truth, accuracy or completeness of the information provided in this document.

The contents of this document, including all statements made therein, are based on estimates, assumptions and other information currently available to the management of Oerlikon. This document contains certain statements related to the future business and financial performance or future events involving Oerlikon that may constitute forward-looking statements. The forward-looking statements contained herein could be substantially impacted by risks, influences and other factors, many of which are not foreseeable at present and/or are beyond Oerlikon's control, so that the actual results, including Oerlikon's financial results and operational results, may vary materially from and differ from those, expressly or implicitly, provided in the forward-looking statements, be they anticipated, expected or projected. Oerlikon does not give any assurance, representation or warranty, expressed or implied, that such forward-looking statements will be realized. Oerlikon is under no obligation to, and explicitly disclaims any obligation to, update or otherwise review its forward-looking statements, whether as a result of new information, future events or otherwise.

This document, including any and all information contained therein, is not intended as, and may not be construed as, an offer or solicitation by Oerlikon for the purchase or disposal of, trading or any transaction in any Oerlikon securities. Investors must not rely on this information for investment decisions and are solely responsible for forming their own investment decisions.

Contact:

Sara Vermeulen-Anastasi

Tel: +41 58 360 98 52

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2022 2 831 M 2 931 M 2 931 M
Net income 2022 177 M 183 M 183 M
Net Debt 2022 70,1 M 72,6 M 72,6 M
P/E ratio 2022 12,6x
Yield 2022 5,10%
Capitalization 2 314 M 2 396 M 2 396 M
EV / Sales 2022 0,84x
EV / Sales 2023 0,77x
Nbr of Employees 11 808
Free-Float 54,1%
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Mean consensus HOLD
Number of Analysts 7
Last Close Price 7,03 CHF
Average target price 10,03 CHF
Spread / Average Target 42,7%
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Managers and Directors
Roland Fischer Chief Executive Officer & CEO-Surface Solutions
Philipp MŘller Chief Financial Officer
Michael SŘ▀ Chairman
Helmut Rudigier Chief Technology Officer
Paul Roger Adams Independent Non-Executive Director
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