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Ad hoc announcement pursuant to Art. 53 LR October 25, 2023 Robust growth in order intake
Based on order intake growth in the first nine months of 2023, Sulzer confirms its increased order guidance for the full year.
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Sulzer's order intake amounted to CHF 2.805 billion in the first nine months of 2023, on which the strengthening of the Swiss Franc had a negative impact of CHF 0.2 billion. Hence, in local currencies1, order intake amounts to above CHF 3.0 billion.

In local currencies1, the order intake growth represents an increase of 18.0% compared to the same period one year ago. As expected, and against a strong Q3 2022, order intake grew +5.4% year-on-year (July to September). The order backlog in Q3 2023 climbed to CHF 2.2 billion.

All three divisions contributed double-digit growth to Sulzer's order intake in 2023. Year-on-year and in local currencies1, order intake increased in the first nine months of 2023 by 19.2% in our Services division, 18.0% in Chemtech and 16.9% in Flow Equipment.

Sulzer also grew in all regions in the first nine months of 2023 in local currencies1, with order intake up by 23.3% in the Asia Pacific region, 23.1% in the Americas and 9.4% in Europe, the Middle East and Africa.

Outlook

Despite global economic uncertainties and challenges, we confirm our increased guidance for the full year, as communicated in July 2023.

1 Adjusted for acquisition / disposal effects.


This document may contain forward-looking statements including, but not limited to, projections of financial developments, market activity, 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 that could cause actual results or performance to differ materially from the statements made herein.

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Verena Bröhm


Sulzer Management Ltd

Neuwiesenstrasse 15

8401 Winterthur

Switzerland

Investor Relations

Thomas Zickler

Chief Financial Officer


Sulzer Management Ltd

Neuwiesenstrasse 15

8401 Winterthur

Switzerland

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Sulzer AG published this content on 25 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2023 04:56:03 UTC.