| Corporation |
| Double-digit profitability in challenging markets (25/02/2010, ) |
|
|
Building on operational discipline and its strong order backlog, Sulzer managed the challenges of the global economic downturn well in 2009 and maintained its strong market positions. Return on sales reached a high level of 12.4% before and 11.0% after restructuring expenses. Free cash flow increased substantially. Net income reached CHF 270.4 million, corresponding to earnings per share (EPS) of CHF 8.06. The Sulzer Board of Directors is proposing an unchanged dividend of CHF 2.80 per share. Tim Summers has been proposed for election as a new board member to replace Urs Andreas Meyer. Sulzer is well positioned for sustainable success based on its strong market positions, its operational and strategic initiatives and its sound financial situation. Due to reduced market activity in 2010, order intake and sales are expected to decrease, resulting in a lower operating income and return on sales.
More | |
| |
| Corporation |
| Stockholding Notification of Threadneedle (23/02/2010, ) |
|
|
In compliance with the Swiss Federal Act on Stock Exchanges and Securities Trading, Threadneedle Asset Management Holdings Ltd notified Sulzer Ltd about the changed holding of Threadneedle.
More | |
| |
| Corporation |
| Stockholding Notification of Threadneedle (18/02/2010, ) |
|
|
In compliance with the Swiss Federal Act on Stock Exchanges and
Securities Trading, Threadneedle Asset Management Holdings Ltd notified Sulzer Ltd about the changed holding of Threadneedle.
More | |
| |
| Corporation |
| Stockholding Notification of Threadneedle (19/01/2010, ) |
|
|
In compliance with the Swiss Federal Act on Stock Exchanges and
Securities Trading, Threadneedle Asset Management Holdings Ltd notified Sulzer Ltd about the changed holding of Threadneedle.
More | |
| |
| Corporation |
| Order Intake in 2009 of CHF 3 Billion (14/01/2010, Media Release) |
|
|
The global economic downturn affected virtually all of Sulzer’s key markets and led to an adjusted1 decrease in order intake of 24.3% (nominal 26.7%) to CHF 3 017.6 million in 2009 compared with the record levels of the previous year. Sulzer does not anticipate a quick recovery in its key markets. Overall, order intake in 2010 is expected to be lower than it was in 2009, but some markets are
likely to stabilize.
More | |
| |
| Corporation |
| Stockholding Notification of Threadneedle (17/11/2009, ) |
|
|
In compliance with the Swiss Federal Act on Stock Exchanges and
Securities Trading, Threadneedle Asset Management Holdings Ltd
notified Sulzer Ltd about the following holding.
More | |
| |
| Corporation |
| Order Intake for the First Nine Months of CHF 2.3 Billion (19/10/2009, Media Release) |
|
|
Sulzer reports an order intake of CHF 2 278.7 million for the first nine months of 2009. This represents an adjusted1 decrease of 29.1% and a nominal decrease of 31.6% compared with the same period in the previous year. The activity levels in most of Sulzer’s key markets were clearly below the level of the previous year’s period. In recent months the order intake level showed some stabilization. For the full year, Sulzer expects a substantially lower order intake compared to the high level of 2008.
More | |
| |
| Corporation, Sulzer Chemtech |
| Acquisition of Manfred Preu Kolonnenservice Completed (08/10/2009, Media Release) |
|
|
The Sulzer acquisition of Manfred Preu Kolonnenservice, announced in September 2009, was closed as of October 7, 2009.
More | |
| |
| Corporation, Sulzer Chemtech |
| Sulzer to Strengthen Tower Field Service Activities in Germany with Acquisition of Manfred Preu Kolonnenservice (07/09/2009, Media Release) |
|
|
On September 4, Sulzer Chemtech signed an agreement to acquire Manfred Preu Kolonnenservice in Germany. The purchase price is up to EUR 2.5 million (approximately CHF 3.8 million) depending on the future performance. Subject to the fulfillment of certain conditions, the closing of the acquisition is expected in September 2009. The annual sales of the business averaged approximately EUR 2.3 million (approximately CHF 3.5 million) over the past years. With this acquisition, Sulzer Chemtech will further expand its geographical presence as the leading global specialized tower field service provider.
More | |
| |
| Corporation |
| Stable Sales and High Profitability in First Half-Year (24/08/2009, Media Release) |
|
|
In the first half of 2009, Sulzer’s sales remained stable at a high level due to a strong order backlog. Return on sales before restructuring expenses reached 14.5% and return on sales including those expenses was 12.4%. The net income remained stable, cash flow improved and net liquidity was further strengthened. In the context of declining market activities, Sulzer initiated a global cost reduction program. With its strong market positions, a solid balance sheet and the cost reduction program, Sulzer stays well positioned for future success.
More | |
| |