In the 3rd quarter (Q3) of 2018, the technology group Oerlikon Management AG, Pfäffikon/Switzerland, saw order intake increase year-on-year by 22.2% to CHF 655 million, while sales went up by 28.9% to CHF 687 million.
The Manmade Fibers Segment once again achieved significant quarterly growth, increasing order intake by 38.3% to CHF 260 million and sales by 58.6% to CHF 314 million in Q3/2018. EBIT stood at CHF 30 million (Q3/2017: CHF 17 million).
Following the strong growth in sales for filament equipment, a record level of sales was achieved in Q3/2018 for texturing equipment. In addition, sales for carpet yarn (BFC) grew significantly, primarily in the USA. The joint venture, Oerlikon Barmag Huitong Engineering Co. Ltd., Yangzhou, Jiangsu/China, also secured notable wins in the polymer processing market. For nonwovens, the segment realized sales for the filtration market in Q3, and has recently announced its partnership with Shaoyang Textile Machinery, Shaoyang, Hunan/China, to jointly advance the offering and sales in the competitive hygiene market.