Interim report
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cerlikon First - Quarter 2021 Results Robust first - quarter performance . On track for full year . INglass acquisition positions Polymer Processing Solutions for growth . ▪ Group Q1 order intake + 34.6 % , sales + 7.2 % and operational EBITDA + 46 % year - over - year . Surface Solutions operational EBITDA margin improved to 17.7 % , driven by structural cost - out actions and a better business mix . Sales recovery in automotive , tooling and general industries continues , while aerospace remains slow . Polymer Processing Solutions first - quarter results are on track with full - year guidance . Recently announced acquisition of INglass is expected to be immediately margin and cash accretive on completion and positions the Division for growth . 2021 guidance confirmed . Key Figures of the Oerlikon Group as of March 31 , 2021 ( in CHF million ) Q1 2021 Order intake Order backlog Sales 643 678 568 88 15.6 % 39 6.9 % Operational EBITDA¹ Operational EBITDA margin¹ Operational EBIT¹ Operational EBIT margin¹ 1.7 % ¹ For the reconciliation of operational and unadjusted figures , please see tables I and II on page 2 of this media release . OC Oerlikon Management AG , Pfäffikon Churerstrasse 120 Media Release Q1 2020 477 545 529 60 11.4 % P.O.Box CH - 8808 Pfäffikon SZ 9 Δ 34.6 % 24.5 % 7.2 % 46.2 % Pfäffikon , Schwyz , Switzerland - May 4 , 2021 - " We delivered a robust Group performance in the first quarter , which was driven by our structural cost - out actions and the recovery in the global automotive and tooling markets , " said Dr. Roland Fischer , CEO Oerlikon Group . " Assuming markets continue to pick up , and there are no further significant disruptions from COVID - 19 , we confirm our guidance for 2021. " 420 bps > 100 % 520 bps " Our strategic move in Polymer Processing Solutions with the recently signed agreement to acquire INglass positions the Division to diversify beyond filaments into the larger and more profitable polymer market . We expect the Division to be an important growth driver for the Group , " added Dr. Fischer . Tel : +41 58 360 96 96 Fax : +41 58 360 91 96 www.oerlikon.com 1/4