Midyear report 2020Sulzer’s order intake remained strong in the first half of 2020 despite a significant COVID-19 impact. Compared with the same period of the prior year, order intake grew by 1.7% on good demand in Rotating Equipment Services and Pumps Equipment. Sales decreased by 3.9% due to lockdowns. The lower sales volume led to a decrease in operational EBITA and an operational ROSA of 7.5%. Sulzer took decisive measures early on to mitigate the impact of market disruptions.
Annual report 2019In 2019, Sulzer was again able to generate significant organic growth, 6.3% for order intake and 10.8% for sales. Acquisitions added roughly another 2% to those numbers, while further diversifying the company’s business and making it less cyclical. The continued positive development in the vast majority of end markets, and particularly in the water and chemicals markets, resulted in growth for all divisions except Applicator Systems. Sulzer reached double-digit profitability and delivered a record level of free cash flow, at CHF 213.4 million.
Event location and details for publication of the annual results 2020 will be updated in due course.
Details to attend the webcast will be published a couple of weeks before the publication of the annual results 2020.
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