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Sulzer AG (SUN.S)

SUN.S on Swiss Exchange

117.90CHF
17 Aug 2018
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Wed, Jul 25 2018

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Sulzer shrugs off U.S. sanctions on Russian oligarchs, raises forecasts

ZURICH Swiss pumpmaker Sulzer , in which Russian businessman Viktor Vekselberg owns a stake, lifted its full-year sales and order forecasts on and shrugged off the temporary freezing of its assets following the U.S. crackdown on oligarchs linked to Russian President Vladimir Putin.

Sulzer shrugs off U.S. sanctions on Russian oligarchs, raises forecasts

ZURICH, July 25 Swiss pumpmaker Sulzer, in which Russian businessman Viktor Vekselberg owns a stake, lifted its full-year sales and order forecasts on and shrugged off the temporary freezing of its assets following the U.S. crackdown on oligarchs linked to Russian President Vladimir Putin.

BRIEF-Sulzer H1 EBIT Up 41% At CHF 90.5 Mln

* H1 SALES AT CHF 1.60 BILLION VERSUS CHF 1.43 BILLION YEAR AGO

BRIEF-Sulzer Raises CHF 385 Million Via Dual Tranche Issuance

* SULZER RAISED CHF 385 MILLION IN THE SWISS CAPITAL MARKET YESTERDAY VIA A DUAL TRANCHE ISSUANCE

UPDATE 2-Sulzer director's exit demonstrates extended reach of U.S. sanctions

* Vekselberg influence wanes at Sulzer, left with three allies

Sulzer says Vekselberg-allied board member resigns

ZURICH, May 28 Swiss pumpmaker Sulzer said on Monday that Axel Heitmann, one of four representatives of Russian investor Viktor Vekselberg's investment company Renova on its board, had submitted his resignation.

BRIEF-Sulzer Awarded Pumps Orders From GE Power India Limited

* SULZER INDIA HAS BEEN CONTRACTED TO SUPPLY 21 BARREL-TYPE BOILER FEED PUMP SETS FOR GE POWER INDIA LIMITED Source text: https://bit.ly/2Jm8EnA Further company coverage: (Gdynia Newsroom)

UPDATE 1-Sulzer confirms 2018 outlook despite hit from sanctions impact

VIENNA, April 19 Swiss pump maker Sulzer confirmed its 2018 outlook on Thursday, saying it expected a one-off hit of around 10 million Swiss francs ($10.3 million) from business disruption when its main Russian shareholder was slapped with U.S. sanctions.

Sulzer confirms 2018 outlook, sees small hit from sanctions impact

VIENNA, April 19 Swiss pumpmaker Sulzer confirmed its 2018 outlook on Thursday, saying it expected a one-off hit of 10 million Swiss francs ($10.3 million) from business disruption when its main Russian shareholder was slapped with U.S. sanctions.

BRIEF-MSCI to maintain Sulzer in MSCI Equity Indexes

* Says will maintain Sulzer in the MSCI Equity Indexes until further notice

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