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| 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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| Dodge & Cox holds over 5% of Sulzer Ltd (21/10/2005, Media Release) |
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| 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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| Corporation, Sulzer Hexis |
| Personnel change at Sulzer Hexis (25/08/2005, Media Release) |
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Roland Diethelm, Head of Sulzer Hexis, venture division of Sulzer Corporation, located in Winterthur, will leave the company.
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| Corporation |
| Orders in First Half of 2005: Up 19% from Previous Year (14/07/2005, Media Release) |
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Sulzer again posted significant growth in order intake in the first six months of 2005: at CHF 1,304.7 million, orders were up 19.1% in nominal terms and 15.0% higher when adjusted for acquisitions and currency effects, compared with the same period the previous year. All core divisions recorded increases in order intake. Good overall market conditions and strong competitive positions contributed positively to business performance. Sulzer is expecting a good order volume in the second half of the year, with somewhat lower growth rates.
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| Stockholding interest of BT Pension Scheme in Sulzer Ltd below 5% (11/07/2005, Media Release) |
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Based on the Stock Exchange Act, BriTel Fund Trustees Limited, The Trustees of BT Pension Scheme, has announced, that Hermes Investment Management BT Pension Scheme and Hermes Focus Asset Management Europe Ltd together hold now less than 5% of Sulzer’s share capital.
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| Corporation, Sulzer Chemtech |
| Sulzer Acquires Cana-Tex (13/05/2005, Media Release) |
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On May 11, 2005, Sulzer Chemtech and Cana-Tex signed an agreement to acquire Cana-Tex, based in Houston, Texas. Subject to the fulfillment of certain conditions, closing of the acquisition will become effective as of July 1st, 2005. Cana-Tex having about 40 employees averages a turnover of approximately USD 24 million. With this acquisition Sulzer Chemtech will become a leading specialized tower field service supplier.
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| Strong First Quarter: Order Intake 15% Plus (15/04/2005, Media Release) |
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In the first quarter of 2005, Sulzer recorded a high order intake of CHF 630.4 million, representing a growth of 15.0% in nominal terms, adjusted for acquisition and currency effects 11.3% compared to the first quarter of the previous year. All core divisions increased their order intake. For the first half of the year Sulzer expects the positive development of the order intake to continue.
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| Corporation |
| Sulzer Pays a Dividend of 9 Swiss Francs per Share (15/04/2005, Media Release) |
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At today’s 91st annual general meeting of Sulzer Ltd, all board proposals were approved by the shareholders, including a dividend of 9 Swiss francs per share. Chairman of the board Dr. Leonardo Vannotti and vice chairman Thor Håkstad were reelected for another three-year term. Dr. Leonardo Vannotti emphasized the good operating performance of the core divisions, which recorded significant increases in earning power in 2004.
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