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| Sulzer Chemtech: Profitable Organic and Acquisitive Growth |
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| Sulzer Chemtech continued to improve its performance in 2007. Sales amounted to CHF 761.3 million, an increase of 52.2% (adjusted1 27.4%). Operating income (EBIT) again showed very high growth of 77.8% to CHF 116.3 million. As a result, the return on sales (ROS) reached a new record level of 15.3%. Due to the acquisitions of the Mixpac, Werfo, and Mold companies and Knitmesh’s separator business, the return on capital employed (ROCE), at 25.1%, was lower than in the previous year, but remained on a highly value-creating level. The integration of the acquired businesses progressed according to plan. The newly established business unit Sulzer Mixpac Systems substantially contributed to the division’s performance in 2007. | |
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| All markets and regions had a positive impact on the division’s noteworthy profitability. The division benefited from many large projects, especially in the Middle East and Asia. The outlook for 2008 remains positive in all segments and regions. Customer investments are likely to remain strong due to the prevailing demand for oil related products. Due to the ongoing buoyant market activities and to the high order backlog, sales and operating income are predicted to grow again in 2008. see more on sulzer.com |
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