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- Title
Restructuring program.
- Abstract
The article reports on the restructuring program of Oerlikon Textile GmbH & Co. KG in Remscheid, Germany. The program, which aims to reduce the break-even point by 500 million Swiss francs by 2010, makes the earnings before interest and taxes (EBIT) of Oerlikon totaled to -118 million Swiss francs in the first quarter of 2009, compared to -214 million Swiss francs for the prior-year period. It also helps the company to receive higher orders than sales in the second quarter.
- Subjects
REMSCHEID (Germany); GERMANY; OC Oerlikon Corp. AG; CORPORATE reorganizations; BREAK-even analysis; WAGES; MARKET orders; SALES
- Publication
Melliand International, 2009, Vol 15, Issue 5/6, p183
- ISSN
0947-9163
- Publication type
Article