Sulzer published today its online sustainability report 2011, which received the highest transparency level A+ of the Global Reporting Initiative. The company is committed to create sustainable value for its economic, social, and ecological stakeholders based on responsible action.
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In the first quarter of the year, Sulzer increased its order intake significantly by 9.1% to CHF 1000.9 million. The increase was driven by the strong organic growth of Sulzer Metco, Sulzer Chemtech, and Sulzer Turbo Services as well as by the effect of the large acquisition by Sulzer Pumps in 2011. The strong Swiss franc continued to have a negative currency translation effect. For the full year 2012, Sulzer now expects high ...
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On April 12, 2012 Sulzer has successfully signed a new CHF 500 million five-year multicurrency revolving credit facility to refinance the existing facility dated August 15, 2007.
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At today’s Annual General Meeting of Sulzer Ltd, shareholders approved all board proposals. An unchanged dividend of CHF 3.00 per share will be paid to the shareholders. Thomas Glanzmann was elected as new member to the Sulzer Board.
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The Board of Directors proposes to the Annual General Meeting to elect Thomas Glanzmann as new Board Member for a one-year term. Thomas Glanzmann (53, Swiss) will bring broad experience from various Chief Executive Officer and Board positions in global companies to the Sulzer Board.
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The Board of Directors of Sulzer has unanimously appointed Klaus Stahlmann as new Chief Executive Officer of Sulzer with immediate effect. Klaus Stahlmann, 51, German, has comprehensive global experience in many of Sulzer’s key markets and a strong leadership track record.
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Sulzer Metco, a leading surface solutions provider, announced today that it has become an Organizing Industry Member of the Commonwealth Center for Advanced Manufacturing (CCAM).
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The announced acquisition of the privately owned pump company Hidrotecar S.A. in Burgos, Spain, was completed on January 10, 2012. The acquired company achieved sales of EUR 13 million (approximately CHF 16 million) in 2010; it employs about 50 people. With this acquisition, Sulzer Pumps is adding complementary products to its product range and reinforcing its presence in the attractive water markets in Europe, the Middle East...
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For the full year 2011, Sulzer received orders of CHF 3 566.1 million. This was a significant adjusted¹ increase of 13.7% (nominal increase of 8.4%) from the previous year. In a challenging environment, the growth was driven by larger orders in the oil and gas upstream market (mainly in the first half of the year), the automotive industry, and other general industrial markets as well as by acquisitions. The strong S...
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