Oc Oerlikon Corporation Ag · SIX:OERL
Oc Oerlikon — H1 2025 Earnings Presentation
16 slides from Oc Oerlikon's earnings presentation, Aug 5, 2025
Slide 1: Half-year 2025 Financial Results
Half-year 2025 Financial Results August 5, 2025 Page 1
Slide 2: Agenda
Agenda 1 Pure play update 50% cost savings through reconditioning 2 H1‘25 Financials & Outlook 3 Q&A 20x tool life extension through coating 5% efficiency increase Page 2 through coating
Slide 3: Oerlikon finalizing transformation to pure play
Oerlikon finalizing transformation to pure play From 2 Divisions in 2019 To pure play 2025: Finalizing transformation ▪ Portfolio optimization resulted in impairments of certain assets Market leader in Surface ▪ Structural cost-out measures to cutting-edge surface optimize operations and improve Sol
Slide 4: Financials & Outlook
Financials & Outlook Markus Richter CFO
Slide 5: H1'25 summary
H1’25 summary1 Managed short-term headwinds; Divestment on-track Financials 826m 786m 16.7% 5.8% Order intake Sales Op. EBITDA margin Op. EBIT margin ▪ Stable order intake at constant FX achieved in very difficult business environment marked by geopolitical uncertainties, tariffs tensions and curren
Slide 6: Subdued end markets; positive signs in aviation
Subdued end markets; positive signs in aviation General Ind. & Tooling Automotive & HRSflow Luxury Aviation 1 46% of 2024 sales 30% 11% 13% H1 25 markets H2 25E markets H1 25 markets H2 25E markets H1 25 markets H2 25E markets H1 25 markets H2 25E markets ▪ Euro Area industrial PMIs still in ▪ Globa
Slide 7: Oerlikon delivers stable order intake in first half 2025
Oerlikon delivers stable order intake in first half 20251 Continuing operations Markets Orders Sales Operational EBITDA ▪ Continued weak customer purchasing ▪ Stable at -0.3% FX adjusted YoY ▪ Decreased -3% YoY FX adjusted, ▪ Impacted by mix effect and FX behavior due to macro environment and impact
Slide 8: Barmag sales improve YoY, orders up sequentially
Barmag sales improve YoY, orders up sequentially Discontinued operations Markets Orders Sales Operational EBITDA ▪ Filament market with positive sequential ▪ Improved in H1’25 sequentially FX adj. ▪ Increased in H1’25 YoY FX adjusted, ▪ Margin flat versus H1’24 in line with momentum following custom
Slide 9: Outlook for full year 2025 adjusted
Outlook for full year 2025 adjusted1 Reflecting weak end markets and mix effect ▪ Flat to low single digit % organic decrease2 (previously flat to low single digit % Sales organic growth) ▪ Reflecting softer end markets, especially in general industries, tooling, automotive and luxury ▪ Between 17.5
Slide 10: H1'25 conclusion
H1’25 conclusion Manage short term headwinds and execute strategically Focus on additional structural cost-out measures to improve agility and efficiency, with first supporting effects on margin in H2’25 Drive innovation to remain at the competitive edge and seize opportunities in new Manage short t
Slide 11: cerlikon
cerlikon
Slide 12: Appendix
Surface One™ Surface Two™ ENGINEERED FOR PERFORMANCE. DESIGNED FOR THE FUTURE.
Slide 13: Return on Capital Employed (ROCE)
Return on Capital Employed (ROCE) H1'25 LTM Operational EBIT 110 + Amortization of acquired intangibles 36 - Total current income tax -54 - Total deferred income tax* -15 NOPAT excluding amort/imp of acquired intangibles 78 Net Operating Assets (only third-party) 2’097 - Amortized Acquired Intangibl
Slide 14: H1 reconciliation of profitability measures – Oerlikon
H1 reconciliation of profitability measures – Oerlikon1 Continuing operations EBITDA to EBIT bridge Total continuing operations § HY 25 HY 24 EBITDA 122 149 1 Impairment of machine and buildings mainly Depreciation -48 -50 related to the restructuring of Nitriding and Impairments 1 -19 0 some R&D ac
Slide 15: Investor Relations
Investor Relations Aymeric Jamin Aymeric.jamin@oerlikon.com +41 58 360 96 59 ir@oerlikon.com www.oerlikon.com/en/investors
Slide 16: Disclaimer
Disclaimer OC Oerlikon Corporation AG, Pfäffikon, (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 trut