17 percent rise in Sulzer core divisions order intake 2001

11.02.2002

Sulzer Pumps order intake rose by 13% to CHF 984 million (adjusted: +8%). Due to the varying developments in individual market segments, only modest growth is expected for 2002. Strategic focus for the year will mainly be on operational improvements.

Order intake for 2001 by the Sulzer core divisions rose 17% to CHF 1921 million, equivalent to a 7% increase adjusted for acquisitions, divestitures and currency effects. Due to declining figures among the discontinuing operations, overall order intake (not including Sulzer Medica) was 22% lower than in prior year or 1% higher after adjustment. Sulzer expects ongoing growth for 2002 despite a challenging year.

All four Sulzer core divisions attained their goals for 2001 with a 2-digit increase in order intake. The average growth of 7% after adjustments – encouragingly high for such an eventful and demanding year – provides a stable basis for ongoing development in 2002. The global turbulence affected the fourth quarter 2001, the dynamic growth of prior months could not be maintained.

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