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    SUN   CH0038388911

SULZER LTD

(SUN)
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Sulzer Chairman of the Board Peter Loscher not standing for re-election in 2022

11/17/2021 | 09:34am EST

The long-serving Chairman of Sulzer Ltd, Peter Loscher, who has led the Board of Directors since 2014, will not stand for re-election at the 2022 Annual General Meeting.

Over the past eight years, Peter Loscher has not only strategically realigned the company by significantly reducing its exposure to oil and gas, but with his swift and decisive actions he has also prevented Sulzer from becoming inoperative following the US economic sanction regime in 2018.

The Board of Directors will pay tribute to Peter Loscher's achievements at a later date but thanks him already today for his lasting contribution to the development of the company. The Board of Directors will inform on the succession plan in due time.

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.

Contact:

Christoph Ladner

Head of Investor Relations

Phone: +41 52 262 30 22

Sulzer Management Ltd

(C) 2021 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2021 3 164 M 3 396 M 3 396 M
Net income 2021 149 M 160 M 160 M
Net Debt 2021 536 M 576 M 576 M
P/E ratio 2021 19,8x
Yield 2021 4,05%
Capitalization 2 923 M 3 172 M 3 137 M
EV / Sales 2021 1,09x
EV / Sales 2022 1,02x
Nbr of Employees 15 574
Free-Float -
Chart SULZER LTD
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Sulzer Ltd Technical Analysis Chart | SUN | CH0038388911 | MarketScreener
Technical analysis trends SULZER LTD
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 86,50 CHF
Average target price 104,14 CHF
Spread / Average Target 20,4%
EPS Revisions
Managers and Directors
GrÚgoire Poux-Guillaume Chief Executive Officer
Jill Ghim Ha Lee Chief Financial Officer
Peter D. L÷scher Chairman
Gerhard Roiss Independent Non-Executive Director
Hanne Birgitte Sorensen Independent Non-Executive Director
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