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SULZF Sulzer AG Winterthur (PK)

140.80
0.00 (0.00%)
17 Jan 2025 - Closed
Delayed by 15 minutes
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

Sulzer: 9-Month Order Intake CHF2.28 Billion, Down 32%

19/10/2009 6:40am

Dow Jones News


Sulzer AG Winterthur (PK) (USOTC:SULZF)
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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 Year Sulzer AG Winterthur (PK) Chart

1 Month Sulzer AG Winterthur (PK) Chart

1 Month Sulzer AG Winterthur (PK) Chart

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