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| Higher sales and earnings during the first half of 2007 |
| Sulzer Chemtech Increases Operating Income by 83.9% |
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| In the first half of 2007, Sulzer Chemtech achieved exceptional organic growth and its results were additionally boosted by the acquisition of Mixpac, Werfo, and Mold. Order intake was 59.0% (adjusted1 39.2%) higher than in the previous year’s period, and sales rose by 56.0% (adjusted1 29.5%) to CHF 376.7 million. Operating income grew by 83.9% to CHF 58.1 million, resulting in a return on sales of 15.4%. Markets remained buoyant in all segments and regions. Large projects were received in North America, China, and the Middle East. The division’s outlook for 2007 remains positive. The level of customer investments is likely to continue—strong demand for energy and fuel being the major driver. Sulzer Chemtech expects to clearly exceed the order intake, sales, and operating income of 2006. | |
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