Company Profile For Sulzer AG

Sulzer AG is a Switzerland-based company that is engaged in the machinery and equipment production. In addition, the Company is involved in the surface engineering segment. The Company operates in four core business divisions. Sulzer Pumps develops and supplies centrifugal pumps and agitators for the oil and gas, hydrocarbon processing, pulp and paper, power generation, water and wastewater, as well as food, metals and fertilizer markets. Sulzer Metco specializes in solutions, products, services and equipment for the thermal spray, and thin film and selected other functional surface technologies as well as provision of specialized machining services. Sulzer Chemtech is active in the separation column, static mixing as well as two-component mixing and dispensing systems. Sulzer Turbo Services is involved in the repair, remanufacture and maintenance of thermal turbomachinery and other rotating equipment. Sulzer AG is active in over 120 locations worldwide.

BRIEF: For the six months ended 30 June 2009, Sulzer AG's net sales decreased 2% to SF1.72B. Net income for the period decreased 2% to SF155.6M. Net sales reflect a decrease in demand for the Company's products and services in all business divisions, especially in Europe and Asia/Australia geographic segments. Net income reflects decreased gross and operating profit margins, which were offset by lower loss on financial operations.