Sulzer Reports First Half Results; Maintains FY2026 Guidance
Swiss industrial company Sulzer reported first-half revenue of $1.67 billion, a decline of 4% year-over-year. Despite the drop in sales, EBITDA rose to CHF 258.7 million (+9.7%), with an improved margin of 15.5%, up from previous levels by 110 basis points. The company also reported a strong order backlog of CHF 2'396.5 million as it continues navigating macroeconomic challenges. Sulzer reaffirmed its full-year guidance for FY2026, noting that the year is expected to be backend-loaded due to ongoing market conditions and project timelines. The company remains confident in its long-term growth potential, citing increasing demand for secure infrastructure related to energy, water, and chemical supply chains. The results highlight resilience amid a challenging economic environment and reinforce Sulzer’s strategic focus on key industrial sectors.
