Financial reporting

Executive Chairwoman Dr. Suzanne Thoma stated: “This solid underlying result proves our resilience in a market environment characterized by geopolitical tensions and uncertainties. Our technologies are making a significant contribution to solving some of the most pressing challenges our society faces – while driving profitable growth. Our confidence in Sulzer’s future performance is reflected in the proposed dividend of CHF 3.50 per share.”

We continue to grow profitably and are well on track to reach or exceed our financial targets for the full year.

CEO Frederic Lalanne stated: “We navigated through a difficult market environment characterized by geopolitical uncertainties and inflationary pressures. Thanks to our diversified product portfolio, strong operational execution, and strict cost management, we managed to further increase operational profitability. Supported by our solid order backlog, we are well-positioned to capture the continuing momentum and yet again deliver on our guidance and continue our profitable growth.”

CEO Frédéric Lalanne stated: “We continue to grow profitably, confirming the good momentum in demand in many industries. In an increasingly challenging and volatile market environment, we are tracking ahead of our expectations and are well positioned to capture further growth opportunities in our key markets.”

CEO Greg Poux-Guillaume stated: “Once again, Sulzer met or exceeded all its targets, continuing a trend of strong results regardless of the market environment. Our strategic growth initiatives in Renewables, Water and Service are paying off, and our one market that was struggling, Energy, has started to rebound. I am honored to have led the people of Sulzer and pleased to leave the company in very good shape, at the start of another strong phase of growth and with record-high profitability in every division. Our confidence in Sulzer’s future is reflected in the proposed dividend of CHF 3.50 per share.”

Sulzer continues to grow profitably and is well on track to reach its financial targets thanks to a strong order and tendering increase in Q3, confirming the good momentum in demand in many industries.

CEO Greg Poux-Guillaume stated: “We are reaping the benefits of the investments we made in our strategic growth markets, and the decisive cost actions we undertook last year. Together, they are helping us achieve this strong performance as the world moves back towards normality and our markets continue to recover. We are poised to capitalize on the considerable opportunities ahead of us.”

CEO Gregoire Poux-Guillaume stated: “Orders in Q1 grew 9.2% sequentially, prolonging the strong recovery we have seen in all our divisions since the trough late summer 2020. Applicator orders are already higher than pre-pandemic and Chemtech’s strategy in renewable solutions is paying off with growth in biopolymers. Water is now the largest segment in Pumps and aftermarket activities account for almost half of Sulzer. We are tracking ahead of our expectations and will further accelerate in the second half of the year.”

CEO Gregoire Poux-Guillaume stated: “In a challenging year marked by the pandemic, we demonstrated the strength of our business model and delivered on our guidance. By combining the swift implementation of proactive cost measures and targeted acquisitions in strategic growth markets, we finished 2020 stronger than before and are well positioned to grow profitably in 2021. Our confidence in Sulzer’s future is reflected in the proposed unchanged dividend of CHF 4.00 per share.”

CEO Greg Poux-Guillaume stated: “We have again proven our resilience, which is based on our broad regional presence and a balance between early and late-cyclical business. Our aftermarket activities led the strong momentum in order intake, and our backlog reached new heights amid unprecedented market disruptions caused by the pandemic. We are on track with the implementation of our structural cost-out measures to be well-positioned for the market recovery.”

CEO Greg Poux-Guillaume stated: “Orders in the first three months of 2020 grew 6.5%, well above our 2-4% guidance and this despite impacts from the global Covid-19 pandemic. Our strong commercial performance was driven by our resilient aftermarket activities, which represent 45% of Sulzer, and by an active market for new pumps in all market segments.

Sulzer achieved profitable growth along with record free cash flow in 2019. 

In the third quarter, Sulzer achieved an order intake of CHF 925 million for an organic increase of 6.7% year on year. Sulzer's order intake in the first nine months of 2019 reached CHF 2’858 million, up 7.2% year-to-date.

In the first half of 2019, Sulzer maintained the momentum of 2018. Order intake grew by 7.5% organically and by 8.7% including acquisitions. Sales increased by 13.1%, mostly organically. Operational EBITA was up 15.4% to CHF 159 million for an improved operational ROSA of 9.0%. Sulzer increases its guidance for order intake and sales for the full year.