Sulzer Expects Reduced Order Intake
Growing order intake in the water and power markets more than offset reduced activity in the oil and gas market. Order intake gross margin was at the previous year's level.
Sales and operational EBITA on an adjusted basis decreased by 3.8% and by 18.7%, respectively. For the full year 2015, Sulzer expects order intake to decrease slightly. The company is lowering its guidance for sales and operational EBITA on an adjusted basis and now expects a moderate decrease.
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