OC Oerlikon's Results Aren't Sign of Business Recovery, RBC Says -- Market Talk

Dow Jones
2025/02/18

0851 GMT - OC Oerlikon's quarterly headline results are good, but this shouldn't be seen as a precursor to an overall demand and business recovery in 2025, RBC Capital Markets analyst Sebastian Kuenne says in a research note. The Swiss materials manufacturer speaks of a weakening industrial activity for the surface solutions business and intact structural midterm growth drivers for the polymer business, Kuenne says. "Neither comment indicates a demand recovery in 2025," he says. The delayed demand recovery for polymer and tough pricing weakens Oerlikon's bargaining position in the planned sales of the business, he says. Shares trade 8.7% higher at 4.19 Swiss francs. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

February 18, 2025 03:51 ET (08:51 GMT)

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