February 12, 2015 / 6:27 AM / 3 years ago

BRIEF-Sulzer FY 2014 sales up 0.7 pct to CHF 3.2 bln

Feb 12 (Reuters) - Sulzer AG :

* FY 2014 order intake was 3.2 billion Swiss francs. On an adjusted basis, this is 0.6 percent less than in 2013

* FY 2014 sales were 3.2 billion Swiss francs ($3.44 billion), which is 0.7 percent more than in 2013 on an adjusted basis

* Will propose an ordinary dividend increase to 3.50 Swiss francs (from 3.20 Swiss francs) at the annual general meeting on April 1

* Says free cash flow (FCF) of 98.0 million francs is 55 pct lower in 2014 than the 218.7 million francs generated in the previous year

* Says net income in 2014 increased by 17.7 percent to 278.1 million francs (2013: 236.2 million francs)

* For the full year 2015, order intake (adjusted for currency effects) is expected to decrease slightly.

* Sees FY 2015 sales (adjusted for currency effects and operational ebita (earnings before interest, taxes, and amortization adjusted for non-operational effects) to be flat

* 2015 operational EBITA is forecast to be flat Source text - bit.ly/1Ci4TXz Further company coverage: ($1 = 0.9294 Swiss francs) (Gdynia Newsroom)

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