OC Oerlikon Corporation AG Pfaeffikon is a Swiss company engaged in the industrial sector. The Company divides its activities into six segments: Oerlikon Textile, providing equipment for the textile production; Oerlikon Coating, offering protective coatings for precision tools and components; Oerlikon Solar, which provides solutions for the manufacturing of thin film silicon solar modules; Oerlikon Vacuum, providing systems for producing vacuums and conveying process gases; Oerlikon Drive Systems, which offers propulsion technology, and Oerlikon Advanced Technologies, providing aerospace and production systems for nanotechnology applications. The Company’s solutions are used in a range of industries, including the solar energy, clean technologies, automotive, information technology (IT), textile, machinery and tool manufacturing industry, as well as in the process, space and advanced nanotechnology applications. The Company operates worldwide through 180 sites in 37 countries.
Quick Financial Synopsis
BRIEF: For the six months ended 30 June 2008, OC Oerlikon Corporation AG Pfaeffikon's total revenue decreased 40% to SF1.43B. Net loss from continuing operations decreased 6% to SF211M. Total revenue reflects decreased demand for the Company's products and services in all business divisions with exception of the Oerlikon Solar. Lower net loss from continuing operations reflects absence of goodwill impairment charges.