Earnings release
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ærlikon Ad hoc announcement pursuant to Art . 53 LR News Release First half 2026 results Pfaeffikon Schwyz , Switzerland , August 6 , 2026 Raising full year guidance after strong first half 2026 performance ■ ■ Q2 order intake increased by 20 % compared to Q2 2025 at constant FX , primarily driven by increased volume and higher material prices Q2 sales up 8 % at constant FX , reflecting strong momentum in materials , in particular Aviation , Power Generation and General Industries H1'26 profitability improved strongly year - on - year , supported by prior year cost - out actions , partially improving end markets and positive materials price effects Introduction of a new segment reporting structure following the completion of the Barmag divestment Raising full - year guidance following a strong first half , sales expected to increase mid- single - digit ( previously low single - digit % ) and operational EBITDA margin raised to 18.5 % - 19.5 % ( previously ~ 17.5 % ) , assuming stable prices for critical minerals Key figures Oerlikon¹ as of June 30 , 2026 ( CHF million ) ² % change % change Q2 Q2 % change % change comparable³ 2026 2025 CHF H1 H1 2026 2025 CHF Order intake 920 826 11.4 % 19.0 % Sales 790 786 0.5 % 6.7 % Operational EBITDA4 156 131 18.6 % Operational EBITDA 19.7 % 16.7 % +300 bps margin EBITDA4 157 122 29.2 % EBITDA margin4 Result4 40 -46 465 405 15.0 % 412 395 comparable³ 20.1 % 4.3 % 8.2 % 19.9 % 15.5 % + 440bps Oerlikon refers to continuing operations . 2 Due to rounding , some totals may not correspond with the sum of the separate figures . For the reconciliation of operational and reported EBITDA figures , please see earnings presentation . 3 Adjusted for FX change , there was no M & A impact in the comparable period . 4 Reported annually and semiannually only . Michael Suess , Executive Chairman of Oerlikon , stated : " The strong first half results confirm that Oerlikon is developing in the right direction . Some of our markets are showing steady growth , particularly Aerospace , Energy , Semiconductors and Defense , while a few markets are still flat . The combination of our industry exposure / diversification , regional presence and technology offering allows us to navigate this environment successfully . Based on the strong start of the year and improved visibility for the second half , we are raising our full - year guidance . We look forward to providing a deeper update on our strategy , growth opportunities and long - term financial ambitions at our Capital Markets Day in September . " OC Oerlikon Management AG , Pfäffikon Churerstrasse 120 CH - 8808 Pfäffikon SZ Tel : +41 58 360 96 96 www.oerlikon.com 1/4