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Media Releases - Search
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(14/10/2010 , Media Release )
Growth of 7.4% in order intake
Sulzer reports an order intake of CHF 2 447.6 million for the first nine months of 2010. This figure represents an increase of 7.4% (adjusted1 6.1%) compared with the same period in the previous year. The early-cycle businesses of Sulzer are showing signs of an initial recovery, whereas Sulzer’s late-cycle markets are not yet showing a structural revival. For the full year, order intake is expected to be at a level slightly ab... Read more
(20/09/2010 , Media Release )
Change in the Sulzer Executive Committee
Jürgen Brandt has been appointed as new Chief Financial Officer of Sulzer as of November 1, 2010. Jürgen Brandt, 54, German, holds a Bachelor of Science degree in Economical Engineering and has worked in various finance roles in companies with global activities. He brings comprehensive experience in corporate finance and controlling to the new position. His experience includes highly international industrial project execution ... Read more
(13/09/2010 , Media Release )
Sulzer has completed the delisting of its Indian subsidiary Sulzer India Ltd. from the Bombay Stock Exchange (BSE). Prior to the delisting, Sulzer’s stake had been increased to over 90% of all outstanding shares through a public offer. With the delisting Sulzer is implementing its strategy of full ownership of main subsidiaries and underlines its strong focus on emerging markets. Sulzer is present in India with sales and servi... Read more
(31/08/2010 , Media Release )
Long-term strategy successfully implemented
Sulzer is selling the real estate portfolio and activities of Sulzer Real Estate: The Winterthur real estate portfolio and the development unit are being acquired by Implenia Ltd for CHF 82.1 million. The real estate services are being sold to Auwiesen Immobilien AG for CHF 2.5 million. The implementation of Sulzer’s long-term strategy of selling all operationally non-essential real estate in Switzerland to third parties will ... Read more
(22/07/2010 , Media Release )
Stabilizing markets and strengthened service business
Sulzer achieved a healthy level of profitability with a return on sales of 10.5% in the first half of 2010, based on early adaptation measures initiated in 2009. Order intake in the first half of 2010 increased by 4.2% (adjusted 3.5%) on the base of signs of fundamental recovery in Sulzer’s early-cycle markets and indications of stabilization in the late-cycle industries. Sales decreased due to the significantly lower order in... Read more
(01/07/2010 , Media Release )
Sulzer Metco complements its product portfolio for thin-film coatings
Sulzer and Bekaert, today announced the completion of the acquisition of Bekaert’s diamond-like carbon (DLC) coatings activities. The transaction value amounts to EUR 11.0 million (CHF 14.5 million). This business with its leading DLC technology achieved sales of EUR 12.5 million (CHF 16.5 million) in 2009. The acquisition will expand the geographical presence and complement the technology range of Sulzer Metco in the thin-fil... Read more
(21/06/2010 , Media Release )
Sulzer publishes Sustainability Report
Sulzer today released its Sustainability Report 2009, which received the application level A+ of the Global Reporting Initiative. The company is committed to continuously improving its sustainability performance. The frequency of accidents was further reduced and hazardous waste production per net value added decreased. Read more
(03/06/2010 , Media Release )
Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of that jurisdiction.
Sulzer (UK) Holdings Limited has received acceptances for its recommended cash offer in respect of over 90% of the share capital of Castle Support Services plc (“Castle”). Read more
(02/06/2010 , Media Release )
Not for release, publication or distribution in whole or in part in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws or regulations of that jurisdiction.
Sulzer and the board of Castle Support Services plc, the sole owner of Dowding & Mills, have agreed the terms of a recommended cash offer by Sulzer (UK) Holdings Ltd for Castle Support Services plc, for a total o... Read more
(10/05/2010 , Media Release )
Chief Financial Officer to leave Sulzer
Peter Meier, Chief Financial Officer and Member of the Executive Committee, has decided to leave Sulzer in order to pursue a career opportunity outside the company. Read more
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