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Last SFr.99.20 CHF
Change Today +0.55 / 0.56%
Volume 130.2K
As of 11:43 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

sulzer ag-reg (SUN) Snapshot

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52 Week High
09/18/14 - SFr.138.40
52 Week Low
01/16/15 - SFr.88.55
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Current Stock Chart for SULZER AG-REG (SUN)

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sulzer ag-reg (SUN) Details

Sulzer Ltd, together with its subsidiaries, provides pumping solutions, rotating equipment maintenance and services, as well as separation, reaction, and mixing technology solutions worldwide. The company operates through three divisions: Pumps Equipment, Rotating Equipment Services, and Chemtech. The Pumps Equipment division offers various pumps and systems for engineered, configured, and standard pumping solutions; and auxiliary equipment, such as monitoring and controlling systems, compressors, and others. It serves oil and gas, hydrocarbon processing, power generation, water, pulp and paper, and general industrial markets. The Rotating Equipment Services division provides repair, refurbishment, and maintenance services for rotating equipment; and field services, shop-based repair, engineering services, coatings, dynamic balancing, and general machining services, as well as offers maintenance agreements. This division also manufactures parts for gas and steam turbines, generators and motors, compressors, hot gas expanders, fans and blowers, draglines, traction motors, and other ancillary equipment. It serves oil and gas, power generation, and other industrial markets. The Chemtech division provides products and services for separation, reaction, and mixing technology, as well as engineering; two-component mixing and dispensing systems; mechanical services to offshore platforms, natural gas plants, oil refineries, and petrochemical plants; and multi-component systems for metering, mixing, and dispensing. This division serves chemical processing, oil and gas, hydrocarbon processing, and other industrial markets. Sulzer Ltd. was founded in 1834 and is headquartered in Winterthur, Switzerland.

15,159 Employees
Last Reported Date: 07/28/15
Founded in 1834

sulzer ag-reg (SUN) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: SFr.1.6M
Compensation as of Fiscal Year 2014.

sulzer ag-reg (SUN) Key Developments

Sulzer Completes Joint Venture with Saudi Pump Factory

Sulzer completed the joint venture with Saudi Pump Factory, on June 29, 2015. It will trade under the new name of Sulzer Saudi Pump Company. Saudi Pump Factory, with a workforce of 170 employees, achieved sales of approximately CHF 23 million in 2014. As oil and gas, power, and water are major sectors of Saudi Arabia's fast growing economy, the joint venture is in line with Sulzer's focus on these three key markets. Sulzer Saudi Pump Company will be the first complete manufacturing facility in Saudi Arabia for a global pump manufacturer of API pumps, serving one of the large oil and gas markets worldwide. The 25,000 m² facility in Riyadh produces all types of centrifugal pumps to API and ASME standards and will be part of Sulzer's global manufacturing network. In addition, a pump test facility is available to test and confirm the high product standard. This joint venture with the well established Saudi partner will enable Sulzer to serve its Saudi Arabian and Gulf Cooperation Council customers with products to high Sulzer standards from a local base. Sulzer will also offer a full range of aftermarket services for all Sulzer and Saudi Pump Factory products including repairs, spare parts, and retrofit solutions.

Sulzer AG Provides Earnings Guidance for the Year 2015

Sulzer AG provides earnings guidance for the year 2015. The company still expects a flat development for sales and operational EBITDA for 2015 on a currency-adjusted basis.

Sulzer, Ltd., Q1 2015 Sales/ Trading Statement Call, Apr 16, 2015

Sulzer, Ltd., Q1 2015 Sales/ Trading Statement Call, Apr 16, 2015


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