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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sulzer AG Winterthur (PK) | USOTC:SULZF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 140.80 | 140.79 | 157.60 | 0.00 | 21:07:28 |
Swiss industrial company Sulzer AG (SUN.EB) Monday reported a nine-month order intake of 2.28 billion Swiss francs ($2.23 billion), down 32% compared with CHF3.33 billion a year ago, and said it sees lower full-year orders.
MAIN FACTS:
- The adjusted decrease is 29%.
- The activity levels in most of Sulzer's key markets were clearly below the level of the previous year's period. In recent months the order intake level showed some stabilization.
- For the full year, Sulzer expects a substantially lower order intake compared to the high level of 2008.
- The oil and gas - or upstream - as well as the hydrocarbon processing industries - oil and gas downstream - were particularly affected by the decline.
- The power generation industry remained relatively robust, but started to soften as expected.
- Demand in the automotive market was low and the aviation industry also started to show some weakness.
Company Web site: http://www.sulzer.com
-Zurich Bureau, Dow Jones Newswires; +41 43 443 8040; zurichdjnews@dowjones.com
1 Year Sulzer AG Winterthur (PK) Chart |
1 Month Sulzer AG Winterthur (PK) Chart |
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