Oerlikon Reports Steady Q3 Performance, Strengthens Leadership Team
Oerlikon delivered a solid performance in the third quarter of 2025, supported by its diversified market exposure and strategic execution, despite continued softness across several global end markets. The company reported an 11% year-on-year increase in order intake at constant currency, reaching CHF 396 million, while sales grew 3% at constant currency to CHF 380 million. Growth was driven primarily by positive developments in the aviation and tooling sectors, which helped offset slower demand in automotive, luxury and general industrial segments.
The quarter also saw the successful placement of CHF 350 million in dual-tranche senior unsecured bonds, a move that extends the company’s debt maturity profile and reaffirms market confidence in Oerlikon’s financial stability and long-term strategic direction. The company confirmed that its full-year 2025 guidance remains unchanged.
Oerlikon’s ongoing transition towards becoming a pure-play surface solutions company is progressing as planned. The divestment of Barmag remains on track for completion in the fourth quarter of 2025, subject to regulatory approvals. Barmag delivered a 21% increase in order intake at constant currency in Q3, although sales declined due to different seasonal patterns.
Alongside its operational update, Oerlikon announced changes to its Executive Committee. Marco Freidl, currently Head of Group Strategy, Business Development and M&A, will step into the role of Chief Financial Officer in November 2025. Dr. Andreas Weiss, General Counsel and Corporate Secretary, will join the Executive Committee upon completion of the Barmag divestment. These appointments form part of the company’s next phase of leadership as it advances its pure-play strategy.
“With these key leadership appointments, we have the right Executive Committee team to lead Oerlikon in its pure-play future,” said Executive Chairman Prof. Dr. Michael Suess. He emphasized that both Freidl and Weiss bring strong expertise and continuity, supporting the company’s strategic and financial direction.
