>>
Home / Knowledge / News / Textiles / Sales drop 13.4% at Oerlikon Group in Q3
Sales drop 13.4% at Oerlikon Group in Q3
03
Nov '16
In the third quarter ended September 30, 2016, sales dropped 13.4 per cent to CHF 549 million as against CHF 634 million in the same quarter of 2015 at Switzerland based Oerlikon Group. At constant exchange rates, sales stood at CHF 544 million in the reporting quarter, while orders in the quarter dipped 6.1 per cent year on year to CHF 572 million.

EBITDA also fell lower at CHF 81 million, or 14.7 per cent of sales in the three months to September 30, 2016 compared to CHF 111 million and 17.5 per cent of sales in the prior year's third quarter.

In the quarter under review, EBIT stood at CHF 37 million, correlating to a margin of 6.8 per cent vis-à-vis CHF 70 million and a margin of 11.1 per cent in the third quarter of last year.

According to the group, a positive trend was noted in the staple fibres, carpet yarns and plastic processing markets, which contributed to the textile machinery segment's improved order intake. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 21st May 2022

China-S Korea trade exceeds $360 bn; 2-way investment crosses $100 bn

China-South Korea bilateral trade has exceeded $360 billion,...

Pic: Shutterstock

Apparel/Garments | On 21st May 2022

India’s RMG exports surged 16.4% in April 2022 in value terms

India's readymade garment (RMG) exports have registered a growth of...

Pic: Shutterstock

Textiles | On 20th May 2022

China reiterates call for tariffs cut after US official’s statement

After US treasury secretary Janet Yellen called for tariffs cuts on...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Gaurav Davda, Jindal Worldwide Ltd

Gaurav Davda
Jindal Worldwide Ltd

Indian MMF sector to become globally competitive

Mohd. Showkot Ali,

Mohd. Showkot Ali

Bangladesh-based Maksons Group owns and operates multiple corporations and ...

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Danielle Statham,

Danielle Statham

<font face="Work Sans"><span style="font-size: 16px;">Twenty-five years...

Francesco Vergentini, A.Celli Nonwovens

Francesco Vergentini
A.Celli Nonwovens

A.Celli Nonwovens offers a complete range of rewinders and rewinders...

Silke Brand-Kirsch, Glatfelter

Silke Brand-Kirsch
Glatfelter

Glatfelter is a leading global supplier of engineered materials. <b>Silke...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Anna Yang, Label - Annakiki

Anna Yang
Label - Annakiki

Anna Yang is founder of brand Annakiki that explores a surrealist fantasy. ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

EUROVET ASIA LTD
Weitmann & Konrad GmbH & Co. KG
TESTEX AG, Swiss Textile Testing Institute
Hela Clothing Pvt Ltd
Esprit Europe Services GmbH
JES MEDIA, INC
G.A.S. unternehmenskommunikation gmbh
Brandix Lanka Limited
J ;& P Coats
Gap International Sourcing Limited
Kern – Liebers Textile
Gatsby Africa
Zünd Systemtechnik AG
COTTON COUNCIL INTERNATIONAL
Marzoli Machines Textile s.r.l.
Tuyap Tum Fuarcilik Yapim A.S.
IFF Media Ag - International Media Services
Nandan Denim Limited
Landmark Group
Reiter India Private Limited
Bluestem Global Sourcing Limited
Centric Software
China World International Exhibition Company Limited
IIGM Private Limited
Lenzing Aktiengesellschaft
Lottmann Communications
Arvind Limited
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Officina Meccanica Dora Enrico Srl
KIABI
Datatex Consulting Srl
Applied DNA Sciences Inc
The Top Form Brassiere Manufacturing Company Limited
Messe Duesseldorf
UBM China (Shanghai)
Midas Clothing Limited
International Textile Manufacturers Federation
Rieter India Private Limited
TEXVALLEY MARKET LIMITED
Italian Trade Commission
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Chori Company Limited
IDH – The Sustainable Trade Initiative
Thai Trade Center
Tchibo GmbH
APLF Limited
Newtech Textile Technology Development (Shanghai) Company Limited
Xtema - Thomas Lebherz Textilmaschinen
N9 World Technologies Private Limited
Lectra Technologies India Pvt Ltd.
Tommy Hilfiger
Istanbul Fuarcilik A.S.
EPCH
Under Armour Global Sourcing Ltd
Sainsbury's Argos Asia Limited
Brückner Trockentechnik GmbH & Co. KG
Permoda(Koaj/Armi/Pronto/Bkul)
John Varvatos
Etam Group Strategy Hong Kong Limited
Copenhagen Fashion Summit
Dow Silicones Corporation
Thermore (Far East) Ltd.
Decathlon
Guess Europe Sagl,
GERBER TECHNOLOGY LTD.
Aleph Srl
Haelixa AG
GHCL LIMITED
SHAHI Exports Pvt Ltd
Coats Digital Limited
Saurer Textile Solutions Pvt. Ltd.
Colours India Inc
SYNERGIES HONG KONG LIMITED
BRINKMANN GMBH
Groz-Beckert East Asia LLP
Amazon China
Helly Hansen Far East Ltd
IKEA of Sweden AB
Eurofins BLC Leather Technology Centre Ltd
Vardhman Textile Ltd
Boardriders Asia Sourcing Limited
Woolmark Services India Pvt. Ltd.
H;&M Hennes ;& Mauritz (Far East) Ltd
Target Corporation (MN)
Karl Mayer Textilmaschinenfabrik GmbH
Messe Frankfurt Exhibition GmbH
FULGAR SpA
Hirdaramani International Export Private Limited
EMBEE CORPORATION
Chico’ FAS
Recron Polyester from Reliance Industries Limited
LC Waikiki
Thai Acrylic Fibre Company Limited
Puma
Bluesign Technologies Ag
Performance Days
Varner AS Retail
Page Industries Limited (Bangalore)
Inter Expo Center Ltd.
Lenzing Aktiengesellschaft - India
Tradewind International Servicing
Green Fibre
The LYCRA Company Singapore  Pte. Ltd
Phong Phu international JSC (PPJ)
Babyshop
Aquarelle Clothing Limited
NITI Aayog
K AND D ITMACH EXPOSITIONS LLP
Walmart
Abit
T.T. Limited
Gokaldas Exports Limited
Eastman Chemical Company
Truetzschler India Private Limited
VNU Exhibitions Asia
G-Star Raw C.V.
Itema Weaving (India) Private Limited
DuPont de Nemours, Inc.,
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Lifestyle
Jiangsu Yingyang Nonwoven Machinery Company Limited
BIMBA ;& LOLA SL
Jindal Worldwide Limited
Indofil Industries Limited - Specialty & Performance Chemicals Division
Groz-Beckert KG
Tory Burch Hong Kong Ltd
ZAITEX spa
Loris Bellini S.r.l.
Maceton Limited
Recron Polyester from Reliance Industries Limited
BIANCA
C;&A Sourcing International Ltd
Mesdan SPA
Grasim Industries Limited
Datacolor AG Europe
Asos
Stahl Holdings B.V.,
TÜYAP IHTISAS FUARLARI A.S.
Seasalt Limited
H. Stoll AG & Company KG
Benetton Group
Lululemon Athletica Inc
ITMA Services Pte Ltd
Zydex Industries
Infor (Hong Kong) Limited
Comasia Limited
Desigual - ABASIC, S.A.
Pt. Peraga Nusantara Jaya Sakti
FESPA (Reigate)
GIOVANNI BOZZETTO S.p.A.
The LYCRA Company Singapore  Pte. Ltd
Nihalani Events Management
Rayonese Textile Inc., Division de Culp Inc.
Shanghai  Aige Exhibition Service Co., Ltd
Aramark Uniform ;& Career Apparel, LLC
Gloria Jeans
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
DyStar India Pvt. Ltd
Sportmaster Ltd.
CGS Inc.
Kornit Digital Asia Pacific Ltd
Alison Hayes Romania
Splash
Restoque S.A.
MAS Active / MAS Kreeda / MAS Bodyline
Lacoste (Wanchai)
Sportswear Company Spa
Calvin Klein
Alix Partners
Flainox S.r.l.
OVS Hong Kong Sourcing Ltd.
PVH Corporation
International Sourcing Expo Australia
Cat Tuong Real Estate Group Joint Stock Company
BTC Textiles LLC
Equinox Impex India
Shima Seiki Mfg. Ltd.
Savio Macchine Tessili S.P.A.
Meera Dyestuff Industries
KAS Direct Sourcing
Palexpo SA
CSGIA(China Screen Printing & Graphic Imaging Association)
USTER
TESCO INTERNATIONAL SOURCING LIMITED
X-Rite Asia Pacific Limited (HK)
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
NV Michel Van de Wiele
THE BOMBAY DYEING ;& MFG.CO. LTD
Mayer & Cie. GmbH & Co. KG
Color Service s.r.l.
BTSR International S.P.A.
Lisa S.P.A.
Vianney Textil Hogar S.A. De C.V.
Rosset ;& Cia Limited
Indo Tex
Huntsman (Singapore) Pte Ltd
Sateri (Jiujiang) Fiber Co.,Ltd

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search