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August 25, 2021

Sulzer Sales in First Half up by 18% - Net Income Nearly Doubled

August 25, 2021

Core Divisions Boost Operating Income by 31%

In the first half of 2005, Sulzer continued to grow profitably. Sales were up 18.4% year-on-year (adjusted 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.

Sulzer Chemtech posted record results; orders received were up 19.3% on the previous year at CHF 200.2 million. Sales rose by 28.7% (adjusted 32.5%) to CHF 192.0 million. Operating income (EBITA) of CHF 19.6 million was achieved due to high volumes and increases in efficiency,
while return on sales was 10.2%. Further, large orders are expected in the coming months, and the outlook for Sulzer Chemtech remains positive.

Posted by Industrial at August 25, 2021 03:26 AM