Oerlikon returns to profit

ERJ staff report (DS)

Pfaffikon, Switzerland -- OC Oerlikon, parent of the Allma Saurer spinning systems, returned to profit in the 12 months to December 2010.

At group level, Oerlikon said. order intake rose 51 percent to CHF 4 520 million (euro 3543 million); sales climbed 25 percent to CHF 3 601 million (euro 2823 million) and operating profit improved to CHF 103 million (euro 80.7 million) (2009: CHF -280 million).

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Press release from Oerlikon