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| Excellent First Quarter: Order Intake Up 34% (12/04/2006, Media Release) |
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Sulzer reported a very high order intake of CHF 844.9 million for the first quarter of 2006. The year-on-year growth rate of a nominal 34.0% (adjusted for acquisitions, divestitures, and currency effects +26.7%) is exceptional and exceeded expectations. For the coming months, Sulzer expects a good order situation.
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| Corporation |
| Closing of Paco Divestiture (02/03/2006, Media Release) |
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The Sale of the Paco pumps business has been completed this week. In January, Sulzer announced the transfer to the Grundfos Group, which supports the focus on Sulzer Pumps core activities.
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| Corporation |
| Sulzer Boosts Net Income to CHF 128 Million in 2005 (28/02/2006, Media Release) |
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Following its successful performance in the previous year, Sulzer recorded high growth and a strong improvement in results in 2005. Sales rose by 20.9% to CHF 2,498.2 million (adjusted1 +14.5%), while operating income (EBITA) was up 23.0% at CHF 166.8 million. The net income amounted to CHF 128.3 million, 82.8% above previous year. The board of directors proposes to increase the dividend to CHF 14 per share (previous year: CHF 9). In 2005, Sulzer thus continued the path of profitable growth established in recent years. Performance is expected to be strong in 2006 as well.
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| Corporation |
| Continued Growth in 2005: Order Intake Up 20% (24/01/2006, Media Release) |
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Sulzer recorded a high order intake during 2005: up 19.9% to CHF 2,635.1 million. Adjusted for acquisition, divestitures, and currency effects, the increase was 12.8% over the previous year. For the current year, Sulzer expects a continuation of good order activity.
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| Corporation, Sulzer Pumps |
| Sulzer Pumps agrees to sell its HVAC related pump line to Grundfos (10/01/2006, Media Release) |
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Sulzer is selling its Paco pump business to Grundfos Group for USD 23.5 million. The business is active in the heating, ventilation, and air conditioning (HVAC) market, one of Sulzer Pumps’ non-core activities. The Paco pump brand was part of an acquisition in 2004.
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| Corporation, Sulzer Hexis |
| Swiss Investor for Sulzer Hexis (22/12/2005, Media Release) |
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The fuel cell business of Sulzer Hexis will be continued by a foundation. It will finance the future development work.
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| Corporation |
| Three Strong Quarters: Order Intake Up 21% (25/10/2005, Media Release) |
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In the first nine months of 2005, Sulzer recorded a high order intake of CHF 2 007.8 million, representing a growth of 20.8% in nominal terms (adjusted for acquisitions, divestitures, and currency effects 14.2%) compared to the third quarter of the previous year. All core divisions increased their order intake. Sulzer expects a positive development in order intake for the remainder of the year.
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| Corporation |
| Dodge & Cox holds over 5% of Sulzer Ltd (21/10/2005, Media Release) |
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| Corporation |
| Core Divisions Boost Operating Income by 31% (25/08/2005, Media Release) |
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In the first half of 2005, Sulzer continued to grow profitably. Sales were up 18.4% year-on-year (adjusted1 14.2%) at CHF 1157.8 million. Operating income (EBITA) rose by 25.4% to CHF 76.9 million, and net income amounted to CHF 58.9 million.
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| Corporation, Sulzer Hexis |
| Investments in Sulzer Hexis to discontinue (25/08/2005, Media Release) |
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Over the past months Sulzer has conducted a partner search to secure the financing base and enhance market access for its fuel cell venture Sulzer Hexis. Up to now it has not been successful. Therefore, Sulzer has decided that from 2006 onwards the venture investments will be stopped.
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