Q3 order intake

Frédéric Lalanne | CEO Thomas Zickler | CFO

Disclaimer

This presentation may contain forward-looking statements, including but not limited to, projections of financial developments, market activities or future performance of products and solutions, containing risks and uncertainties.

These forward-looking statements are subject

to change based on known or unknown risks and various other factors, which could cause the actual results or performance to differ materially from the statements made herein.

October 26, 2022

Q3 order intake

2

Highlights Q3

Continued order growth

Key figures | in CHF millions

9M 22

9M 21

YOY

Adj.1

Org.2

Flow Equipment

1'071

969

10.5%

12.1%

11.5%

Services

894

874

2.3%

2.8%

2.6%

Chemtech

622

512

21.4%

19.3%

19.8%

Total Sulzer

2'586

2'354

9.8%

10.2%

10.0%

Flow Equipment

Quarterly order intake | in CHF millionsServices

Chemtech

+8.3% organic

900

600

300

0

Q3 20 Q4 20 Q1 21 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22

1 adjusted for FX

October 26, 2022

2 adjusted for FX and acquisitions

  • Flow Equipment up 12% organic YTD (+9% Q3), driven by
    • Energy (+20% YTD; +18% Q3) and
    • Industry (+13% YTD; +14% Q3)
    • Water growing slower (+5% YTD; -2% Q3) due to delay of desalination projects
  • Service up 3% organic YTD (+3% Q3), driven by Pump Services, while Other Services still negative YTD due to exit of Russian market
  • Chemtech up 20% organic YTD (+17% Q3)
    • Double digit growth YTD in all business areas
    • Renewables (+40% YTD) and Water up strongly

Q3 order intake

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2022 Guidance update

As of October 26, 2022 adjusted for FX

Order Intake

Sales

Operational

organic growth

organic growth

Profitability1 %

up 6% - 8%

stable vs FY2021

close to 10%

(previously: up 2 - 4% excluding

(previously: up 3 - 5%)

(confirmed)

impact from Russia exit)

1. Operational EBITA as a percentage of sales

October 26, 2022

Q3 order intake

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Take aways Q3

  • Continued strong order intake in Q3 driven by Chemtech and Flow Equipment
  • Markets expected to remain robust
  • Order intake guidance increased to 6-8%
  • Order backlog on record level of CHF 1.95bn end of Q3
  • Sales guidance reduced to stable versus FY'22 on China lockdowns, components shortages and project delays
  • Operational profitability confirmed at close to 10%

October 26, 2022

Q3 order intake

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Sulzer AG published this content on 26 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2022 05:37:04 UTC.