Five-year summaries
Five-year summaries of key financial data
Key figures from consolidated income statement and statement of cash flows
|
millions of CHF |
|
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Order intake |
|
3’531.5 |
3’155.7 |
2’797.5 |
2’895.8 |
3’160.8 |
|
Order intake gross margin |
|
33.3% |
34.4% |
34.0% |
33.8% |
33.5% |
|
Order backlog |
|
1’786.9 |
1’593.5 |
1’439.1 |
1’510.7 |
1’699.6 |
|
Sales |
|
3’364.9 |
3’049.0 |
2’876.7 |
2’971.0 |
3’212.1 |
|
Operating income |
EBIT |
183.8 |
136.5 |
115.3 |
120.9 |
–69.0 |
|
Operational EBITA |
opEBITA |
322.5 |
255.4 |
238.9 |
254.1 |
302.9 |
|
Operational EBITA margin (operational EBITA/sales) |
opROSA |
9.6% |
8.4% |
8.3% |
8.6% |
9.4% |
|
Return on capital employed (operational EBITA in % of average capital employed) |
opROCEA |
18.1% |
15.8% |
15.7% |
17.0% |
17.1% |
|
Net income attributable to shareholders of Sulzer Ltd |
|
113.7 |
83.2 |
59.0 |
73.9 |
275.0 |
|
– in percentage of equity attributable to shareholders of Sulzer Ltd |
ROE |
7.0% |
5.0% |
3.7% |
3.3% |
11.3% |
|
Reported EPS |
EPS |
3.56 |
2.44 |
1.73 |
2.17 |
8.09 |
|
Depreciation |
|
–71.7 |
–71.7 |
–69.5 |
–74.1 |
–79.2 |
|
Amortization |
|
–69.0 |
–53.8 |
–47.3 |
–42.3 |
–43.3 |
|
Impairments of tangible and intangible assets |
|
–4.4 |
–15.4 |
–18.4 |
–13.0 |
–0.4 |
|
Research and development expenses |
|
–86.4 |
–81.0 |
–71.4 |
–73.4 |
–76.2 |
|
Personnel expenses |
|
–1’129.7 |
–1’078.2 |
–971.1 |
–1’020.8 |
–1’046.2 |
|
Capital expenditure |
|
–96.2 |
–81.2 |
–74.9 |
–73.7 |
–96.0 |
|
Free cash flow |
|
173.9 |
127.0 |
200.5 |
155.8 |
98.0 |
|
FCF conversion (free cash flow/net income) |
|
1.49 |
1.46 |
3.34 |
2.08 |
0.35 |
|
Employees (number of full-time equivalents) as of December 31 |
|
15’572 |
14’732 |
14’005 |
14’253 |
15’494 |
1) According to IFRS 15, see financial review and note 34 of the consolidated financial statements for details.
Key figures from consolidated balance sheet
|
millions of CHF |
|
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Non-current assets |
|
2’057.7 |
1’990.5 |
1’809.9 |
1’574.0 |
1’681.9 |
|
– thereof property, plant and equipment |
|
527.0 |
531.6 |
511.0 |
491.4 |
530.7 |
|
Current assets |
|
2’840.6 |
2’126.8 |
1’926.0 |
2’680.8 |
2’971.1 |
|
– thereof cash and cash equivalents and marketable securities |
|
1’095.2 |
488.8 |
429.5 |
1’217.3 |
1’301.5 |
|
Total assets |
|
4’898.3 |
4’117.3 |
3’735.9 |
4’254.8 |
4’653.0 |
|
Equity attributable to shareholders of Sulzer Ltd |
|
1’629.9 |
1’680.1 |
1’581.2 |
2’224.7 |
2’435.4 |
|
Non-current liabilities |
|
1’646.8 |
900.1 |
980.3 |
472.1 |
994.5 |
|
– thereof long-term borrowings |
|
1’316.3 |
458.7 |
458.3 |
7.2 |
510.3 |
|
Current liabilities |
|
1’610.4 |
1’514.8 |
1’164.6 |
1’548.5 |
1’216.5 |
|
– thereof short-term borrowings |
|
18.0 |
255.1 |
7.1 |
514.4 |
17.7 |
|
|
|
|
|
|
|
|
|
Net liquidity 2) |
|
–239.0 |
–225.0 |
–35.9 |
695.7 |
773.5 |
|
Equity ratio 3) |
|
33.3% |
40.8% |
42.3% |
52.3% |
52.4% |
|
Borrowings-to-equity ratio (gearing) |
|
0.82 |
0.42 |
0.29 |
0.23 |
0.22 |
1) According to IFRS 15, see financial review and note 34 of the consolidated financial statements for details.
2) Cash and cash equivalents and marketable securities, less short-term and long-term borrowings.
3) Equity attributable to shareholders of Sulzer Ltd in relation to total assets.
Five-year summaries by division
|
|
Order intake |
Sales |
||||||||
|
millions of CHF |
2018 1) |
2017 |
2016 |
2015 |
2014 |
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Pumps Equipment |
1’372.1 |
1’180.2 |
1’066.8 |
1’152.8 |
1’377.1 |
1’284.2 |
1’120.0 |
1’155.3 |
1’276.8 |
1’405.5 |
|
Rotating Equipment Services |
1’109.7 |
1’047.7 |
986.4 |
1’034.1 |
1’065.3 |
1’063.7 |
1’029.5 |
1’003.4 |
1’024.6 |
1’065.2 |
|
Chemtech |
600.1 |
501.5 |
471.8 |
525.7 |
538.3 |
563.2 |
478.0 |
446.0 |
486.2 |
563.6 |
|
Applicator Systems |
449.6 |
426.3 |
272.6 |
183.2 |
180.0 |
453.8 |
421.6 |
272.0 |
183.4 |
177.8 |
|
Total |
3’531.5 |
3’155.7 |
2’797.5 |
2’895.8 |
3’160.8 |
3’364.9 |
3’049.0 |
2’876.7 |
2’971.0 |
3’212.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
Order backlog |
Employees 2) |
||||||||
|
millions of CHF |
2018 1) |
2017 |
2016 |
2015 |
2014 |
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Pumps Equipment |
982.9 |
847.0 |
697.4 |
998.0 |
1’209.4 |
5’713 |
5’453 |
5’156 |
6’996 |
7’365 |
|
Rotating Equipment Services |
393.1 |
364.4 |
378.7 |
205.0 |
212.2 |
4’721 |
4’485 |
4’541 |
3’538 |
3’709 |
|
Chemtech |
345.9 |
315.3 |
304.9 |
307.7 |
282.0 |
3’063 |
2’878 |
2’570 |
3’539 |
4’287 |
|
Applicator Systems |
65.0 |
66.8 |
58.0 |
0.0 |
0.0 |
1’864 |
1’716 |
1’562 |
0 |
0 |
|
Divisions |
1’786.9 |
1’593.5 |
1’439.0 |
1’510.7 |
1’703.6 |
15’361 |
14’532 |
13’829 |
14’073 |
15’361 |
|
Others |
–0.0 |
0.0 |
0.1 |
0.0 |
–4.0 |
211 |
200 |
176 |
180 |
133 |
|
Total |
1’786.9 |
1’593.5 |
1’439.1 |
1’510.7 |
1’699.6 |
15’572 |
14’732 |
14’005 |
14’253 |
15’494 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operational EBITA |
Operational capital employed |
||||||||
|
millions of CHF |
2018 1) |
2017 |
2016 |
2015 |
2014 |
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Pumps Equipment |
41.4 |
–3.7 |
13.0 |
118.1 |
160.6 |
717.7 |
617.3 |
760.6 |
746.3 |
1’115.6 |
|
Rotating Equipment Services |
146.1 |
144.0 |
139.5 |
70.8 |
64.5 |
548.2 |
506.5 |
400.6 |
422.0 |
408.7 |
|
Chemtech |
50.0 |
25.0 |
18.0 |
67.4 |
93.6 |
203.1 |
221.5 |
223.8 |
406.3 |
342.6 |
|
Applicator Systems |
95.7 |
86.8 |
64.1 |
0.0 |
0.0 |
418.2 |
382.5 |
220.0 |
0.0 |
0.0 |
|
Divisions |
333.2 |
252.1 |
234.6 |
256.3 |
318.7 |
1’887.3 |
1’727.8 |
1’605.0 |
1’574.6 |
1’866.9 |
|
Others |
–10.7 |
3.3 |
4.3 |
–2.2 |
–15.8 |
–110.6 |
–113.0 |
–85.1 |
–76.8 |
–99.6 |
|
Total |
322.5 |
255.4 |
238.9 |
254.1 |
302.9 |
1’776.8 |
1’614.8 |
1’519.9 |
1’497.8 |
1’767.3 |
|
|
|
|
|
|
|
|
|
|
|
|
1) According to IFRS 15, see financial review and note 34 of the consolidated financial statements for details.
2) Number of full-time equivalents as of December 31.
Five-year summaries by region
Order intake by region
|
millions of CHF |
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Europe, Middle East, Africa |
1’535.9 |
1’422.1 |
1’254.8 |
1’303.7 |
1’305.5 |
|
Americas |
1’297.1 |
1’038.2 |
949.8 |
1’065.3 |
1’165.4 |
|
Asia-Pacific |
698.5 |
695.4 |
592.9 |
526.8 |
689.9 |
|
Total |
3’531.5 |
3’155.7 |
2’797.5 |
2’895.8 |
3’160.8 |
Sales by region
|
millions of CHF |
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Europe, Middle East, Africa |
1’468.9 |
1’411.6 |
1’271.8 |
1’214.0 |
1’264.7 |
|
Americas |
1’107.6 |
1’003.5 |
1’041.9 |
1’134.9 |
1’177.4 |
|
Asia-Pacific |
788.4 |
633.9 |
563.0 |
622.1 |
770.0 |
|
Total |
3’364.9 |
3’049.0 |
2’876.7 |
2’971.0 |
3’212.1 |
Capital employed (average) by company location
|
millions of CHF |
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Europe, Middle East, Africa |
1’155.3 |
1’061.5 |
941.8 |
875.5 |
1’152.4 |
|
Americas |
456.9 |
384.5 |
391.8 |
415.8 |
406.6 |
|
Asia-Pacific |
164.5 |
168.8 |
186.3 |
206.5 |
208.3 |
|
Total |
1’776.8 |
1’614.8 |
1’519.9 |
1’497.8 |
1’767.3 |
Employees by company location2)
|
millions of CHF |
2018 1) |
2017 |
2016 |
2015 |
2014 |
|
Europe, Middle East, Africa |
7’462 |
7’279 |
6’804 |
6’504 |
6’607 |
|
Americas |
4’374 |
3’911 |
3’822 |
4’139 |
4’545 |
|
Asia-Pacific |
3’737 |
3’542 |
3’379 |
3’610 |
4’342 |
|
Total |
15’572 |
14’732 |
14’005 |
14’253 |
15’494 |
1) According to IFRS 15, see financial review and note 34 of the consolidated financial statements for details.
2) Number of full-time equivalents as of December 31.