Press Releases

Sulzer and Assa Abloy have signed an agreement for the acquisition of Cardo’s Flow Solutions business by Sulzer. With the intended acquisition of this strong supplier in the attractive wastewater pumps market, Sulzer will benefit from long-term growth trends. Leveraging Sulzer’s broad global presence and further developing the complementary product portfolios, Sulzer wants to further grow the business and create value.
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In 2010, Sulzer proved its ability to adapt quickly to changed market conditions. The company achieved a strong double-digit profitability with a return on sales of 12.8% and an improved return on capital employed of 28.1%. Sales (CHF 3.2 billion, –5.0%) were still impacted by the notable decrease in order intake in 2009. Net income¹ increased by 11% to CHF 300.4 million, corresponding to earnings per share (EPS) of...
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Sulzer’s order intake increased in 2010 by 9.0% (adjusted¹ 7.5%) to CHF 3 288.7 million. This improvement, in a still challenging economic environment, was driven by acquisitions and the recovery in early-cycle markets. Adjusted¹, order intake is predicted to grow moderately in 2011. A continued recovery is forecasted in the early-cycle markets, albeit at a slower pace. In the late-cycle markets, the oil ...
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With two openings in China and Russia this week, Sulzer has made important steps in the implementation of its strategy to strengthen its presence in emerging markets. In Suzhou, China, the company invested around CHF 30 million in the expansion of its global manufacturing network. The new state-of-the-art factory for engineered pumps mainly focuses on the oil and gas and the power generation market segments. Additionally, with...
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