Earnings release
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MEDIA RELEASE Ad hoc announcement pursuant to Art . 53 LR October 27 , 2021 Strong orders , guidance confirmed 9M 2021 HIGHLIGHTS Q3 2021 orders¹ at CHF 803 million , + 15.7 % ( + 11.8 % organic ) on strong recovery in Flow Equipment ( formerly Pumps Equipment ) and continued growth in Services 9M 2021 order intake flat at CHF 2'354 million ( -2.8 % organic ) Successful medmix spin - off and first trading day as separate company on Sept. 30 New Sulzer division names to reflect widened business scope Guidance ( ex medmix ) confirmed : orders up 2-3 % , sales up 6-8 % , operational profitability around 9 % Order intake ( millions of CHF ) Flow Equipment Services Chemtech Total Sulzer Jan. - Sep. 2021 968.8 873.6 511.9 2'354.3 Jan. Sep. 2020 1'019.0 - 881.3 459.3 2'359.6 Change -4.9 % -0.9 % 11.5 % SULZER Sulzer Management Ltd Neuwiesenstrasse 15 8401 Winterthur Switzerland Phone +41 52 262 30 00 Fax +41 52 262 31 00 -0.2 % Change adjusted² -5.0 % -0.3 % 11.4 % 0.0 % Change organic ³ -10.7 % 1 medmix is classified as discontinued operations since the split , Sulzer performance figures are without APS / medmix 2 Adjusted for currency effects . 3 Adjusted for acquisition and currency effects . -1.1 % CEO Greg Poux - Guillaume stated : “ We continue to grow profitably and are well on track to reach our financial targets . We saw a marked order and tendering increase in Q3 , confirming the good momentum in demand in many industries . Our renewed focus , as a pure play flow control company , positions us well to seize the ample opportunities in our strategic growth markets . " www.sulzer.com 11.4 % -2.8 % Sulzer Q3 orders grew 15.7 % currency - adjusted and 11.8 % organic compared to Q3 2020 , mainly driven by Water and Industry in Flow Equipment as well as a continued upswing in Services and in China for Chemtech . In the first nine months of 2021 , order intake was flat ( -2.8 % organic ) compared to the same period a year ago . Currency impact was a negative 0.2 % and acquisitions contributed CHF 65.4 million . Order intake in Flow Equipment in the third quarter 2021 was up 23 % currency - adjusted ( + 15 % organic ) . The Water segment , which accounts for more than 40 % of Flow Equipment division orders , was up 20 % organically driven by the municipal wastewater market . The Industry segment performed well , up 14 % currency - adjusted and organically . Energy