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| Excellent First Quarter: Order Intake Up 72% (12/04/2006 ) |
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This quarter, Sulzer Chemtech posted an exceptionally large year-on-year increase in order intake of 90.9% (adjusted1 +71.5%) to CHF 171.4 million. This development is attributable to the continuing high rate of capital investment in all regions. The receipt of orders for further major projects is anticipated over the coming months. Against this background, Sulzer Chemtech expects the positive business trend to continue for the next months..
For more details, please refer to http://www.sulzer.com/en/Desktopdefault.aspx/tabid-242/295_read-2715/
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| Sales Climbed to a New Record High in 2005 (28/02/2006 ) |
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In 2005, Sulzer Chemtech followed on from its good showing in 2004, once again posting a clear improvement in financial performance. Sales climbed to a new record high of CHF 389.5 million. This translates into a growth of 24.4% (adjusted1 23.2%). Sulzer Chemtech recorded operating income (EBITA) of CHF 40.6 million (+35.3%) and a return on sales of 10.4% (previous year: 9.6%). These excellent results were achieved on the back of sales growth and an uncompromising focus on improving operational performance. The acquisition of Cana-Tex had little impact on the annual results at this stage. The outlook for a further increase in sales and earnings in 2006 is very good.
For more details, please refer to http://www.sulzer.com/en/DesktopDefault.aspx/tabid-242/295_read-2321/
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| Core Divisions Boost Operating Income by 31% (25/08/2005 ) |
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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.
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| Sulzer Acquires Cana-Tex (13/05/2005 ) |
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On May 11, 2005, Sulzer Chemtech and Cana-Tex signed an agreement to acquire Cana-Tex, based in Houston, Texas. Subject to the fulfillment of certain conditions, closing of the acquisition will become effective as of July 1st, 2005. Cana-Tex having about 40 employees averages a turnover of approximately USD 24 million. With this acquisition Sulzer Chemtech will become a leading specialized tower field service supplier.
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