0851 GMT - OC Oerlikon's quarterly headline results are good, but this shouldn't be seen as a precursor to an overall demand and business recovery in 2025, RBC Capital Markets analyst Sebastian Kuenne says in a research note. The Swiss materials manufacturer speaks of a weakening industrial activity for the surface solutions business and intact structural midterm growth drivers for the polymer business, Kuenne says. "Neither comment indicates a demand recovery in 2025," he says. The delayed demand recovery for polymer and tough pricing weakens Oerlikon's bargaining position in the planned sales of the business, he says. Shares trade 8.7% higher at 4.19 Swiss francs. (nina.kienle@wsj.com)
(END) Dow Jones Newswires
February 18, 2025 03:51 ET (08:51 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.