All the Sulzer core divisions recorded double-digit growth rates for the first nine months of 2001. Sulzer Metco order intake rose by 26% (+9% adjusted) to CHF 317 million. This growth is attributable to all activities, in particular to the high order intake for complete systems in September. Order intake by Sulzer Turbomachinery Services nearly doubled compared with prior year (+95%, adjusted +34%) to CHF 162 million for the first nine months, thanks to strong growth both internally and through acquisitions. Sulzer Pumps order volume for the first nine months increased by 18% (+5% adjusted) to CHF 750 million, consolidating in the third quarter after the outstandingly successful first half-year. Sulzer Chemtech continued the positive trend of the first semester with a 16% rise in order intake for the first nine months (+17% adjusted) to CHF 239 million.
Order intake by the Sulzer Hexis venture division totalled CHF 8 million for the first nine months. Orders placed by marketing partners for about 200 of the first 600 ½HXS 1000 Premiere½ were already booked during the first half-year.
Order intake by the discontinuing operations – Sulzer Infra, Sulzer Textil and Sulzer Burckhardt – declined by 4% to CHF 1290 million after adjustment. Sulzer Infra and the Greenfield activities of Sulzer Burckhardt were deconsolidated per June 30, 2001.
Consolidated order intake by the Sulzer Corporation for the first nine months of 2001 totalled CHF 2851 million, 3% higher than in prior year after adjustment for acquisitions, divestitures and currency effects.
Sulzer still expects to reach the business volume and profitability goals set for 2001. Any medium-term effects on Sulzer of the economic downswing trends are not clear at the present time; however, the corporate business portfolio is now more recession-resistant than prior to restructuring. However, there may be some delay in reaching medium-term goals if the economic situation does not improve next year.
Order intake for the first nine months 2001 (in million CHF)
|
|
2001 Jan.–Sep. |
2000 Jan.–Sep. |
? in %
|
Adjusted %1) |
|
Sulzer |
2851 |
3287 |
–13 |
+3 |
|
Core divisions
Sulzer Metco2)
Sulzer Turbomachinery Services2)
Sulzer Pumps3)
Sulzer Chemtech
Venture division (Sulzer Hexis) |
1468
317
162
750
239
8
|
1175
252
83
634
206
1 |
+25
+26
+95
+18
+16
- |
+10
+9
+34
+5
+17
- |
|
Discontinuing operations
Sulzer Infra4)
Sulzer Textil
Sulzer Burckhardt5)
Sulzer Turbo6) |
1290
730
427
133
- |
2020
1071
541
146
262 |
-
-
–21
–9
- |
–4
+7
–20
–8
- |
|
Consolidation, other |
85 |
91 |
–7 |
+10 |
The 74% Sulzer participation in Sulzer Medica was spun-off to Sulzer shareholders per July 10, 2001. The Sulzer Medica order intake / sales figures are therefore not included in this listing anymore.
- adjusted for acquisitions, divestitures and currency effects
- as from January 1, 2001 incl. the acquired Interturbine companies
- incl. Ahlstrom Pumps, consolidated per June 1, 2000
- deconsolidated per June 30, 2001
- as from July 1, 2001 excluding Greenfield activities
- divested per January 1, 2001
|