3Segment information
Segment information by divisions
|
|
|
Flow Equipment |
|
Services |
|
Chemtech |
||||||
|
in Mio. CHF |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
Bestellungseingang (untestiert) 1) |
|
1’419.2 |
|
1’324.7 |
|
1’171.3 |
|
1’163.4 |
|
834.9 |
|
679.5 |
|
Wachstum nominal (untestiert) |
|
7.1% |
|
2.1% |
|
0.7% |
|
2.9% |
|
22.9% |
|
9.5% |
|
Wachstum währungsbereinigt (untestiert) |
|
9.4% |
|
1.8% |
|
1.8% |
|
2.8% |
|
21.7% |
|
8.8% |
|
Wachstum organisch 2) (untestiert) |
|
8.9% |
|
–3.9% |
|
1.6% |
|
2.0% |
|
22.5% |
|
8.8% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auftragsbestand am 31. Dezember (untestiert) |
|
850.1 |
|
811.5 |
|
492.9 |
|
479.5 |
|
501.7 |
|
433.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Umsatz, zu einem Zeitpunkt realisiert |
|
843.4 |
|
993.5 |
|
825.9 |
|
898.8 |
|
357.5 |
|
377.0 |
|
Umsatz, über einen Zeitraum realisiert |
|
479.5 |
|
395.5 |
|
291.1 |
|
219.0 |
|
382.4 |
|
271.6 |
|
Total Umsatz 3) |
|
1’323.0 |
|
1’389.0 |
|
1’117.0 |
|
1’117.7 |
|
739.9 |
|
648.5 |
|
Wachstum nominal |
|
–4.8% |
|
7.1% |
|
–0.1% |
|
3.7% |
|
14.1% |
|
9.4% |
|
Wachstum währungsbereinigt (untestiert) |
|
–3.1% |
|
6.9% |
|
0.8% |
|
3.5% |
|
12.9% |
|
8.4% |
|
Wachstum organisch 2) (untestiert) |
|
–3.4% |
|
2.0% |
|
0.7% |
|
2.7% |
|
14.8% |
|
8.4% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operationelles Ergebnis (untestiert) |
|
87.4 |
|
81.4 |
|
159.0 |
|
158.7 |
|
80.0 |
|
64.8 |
|
Operationelle Profitabilität (untestiert) |
|
6.6% |
|
5.9% |
|
14.2% |
|
14.2% |
|
10.8% |
|
10.0% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Restrukturierungskosten |
|
0.3 |
|
–7.5 |
|
–1.3 |
|
–0.6 |
|
0.8 |
|
–1.3 |
|
Amortisation |
|
–26.7 |
|
–38.1 |
|
–4.4 |
|
–4.9 |
|
–6.9 |
|
–6.7 |
|
Wertminderungen von immateriellen Anlagen und Sachanlagen |
|
–8.0 |
|
–0.9 |
|
–24.2 |
|
–2.8 |
|
–12.3 |
|
–0.5 |
|
Nicht operative Positionen (untestiert) |
|
–20.4 |
|
0.1 |
|
–75.1 |
|
–2.3 |
|
–23.4 |
|
–2.7 |
|
EBIT |
|
32.6 |
|
35.1 |
|
54.0 |
|
148.2 |
|
38.3 |
|
53.6 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abschreibungen |
|
–30.4 |
|
–33.4 |
|
–29.0 |
|
–31.5 |
|
–13.4 |
|
–12.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Betriebliche Aktiven |
|
1’554.1 |
|
1’573.9 |
|
980.0 |
|
939.5 |
|
579.7 |
|
552.8 |
|
Nicht zugeordnete Aktiven |
|
– |
|
– |
|
– |
|
– |
|
– |
|
– |
|
Total Aktiven am 31. Dezember |
|
1’554.1 |
|
1’573.9 |
|
980.0 |
|
939.5 |
|
579.7 |
|
552.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Betriebliches Fremdkapital |
|
730.9 |
|
745.0 |
|
456.4 |
|
403.3 |
|
439.8 |
|
404.0 |
|
Nicht zugeordnetes Fremdkapital |
|
– |
|
– |
|
– |
|
– |
|
– |
|
– |
|
Total Fremdkapital am 31. Dezember |
|
730.9 |
|
745.0 |
|
456.4 |
|
403.3 |
|
439.8 |
|
404.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Betriebliche Nettoaktiven |
|
823.2 |
|
829.0 |
|
523.7 |
|
536.2 |
|
139.9 |
|
148.7 |
|
Nicht zugeordnete Nettoaktiven |
|
– |
|
– |
|
– |
|
– |
|
– |
|
– |
|
Total Nettoaktiven am 31. Dezember |
|
823.2 |
|
829.0 |
|
523.7 |
|
536.2 |
|
139.9 |
|
148.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
N/A |
|
–37.9 |
|
–33.9 |
|
–42.0 |
|
–57.1 |
|
–16.8 |
|
–20.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mitarbeitende (Anzahl Vollzeitstellen) am 31. Dezember |
|
5’263 |
|
5’325 |
|
4’559 |
|
4’571 |
|
2’852 |
|
3’734 |
1) Bestellungseingang von Drittkunden.
2) Bereinigt um Währungs- und Akquisitionseffekte.
3) Umsatz mit Drittkunden.
Segment information by divisions
|
|
|
Total Divisionen |
|
Übrige 4) |
|
Total Sulzer |
||||||
|
in Mio. CHF |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
2022 |
|
2021 |
|
Bestellungseingang (untestiert) 1) |
|
3’425.4 |
|
3’167.6 |
|
– |
|
– |
|
3’425.4 |
|
3’167.6 |
|
Wachstum nominal (untestiert) |
|
8.1% |
|
3.9% |
|
– |
|
– |
|
8.1% |
|
3.9% |
|
Wachstum währungsbereinigt (untestiert) |
|
9.2% |
|
3.6% |
|
– |
|
– |
|
9.2% |
|
3.6% |
|
Wachstum organisch 2) (untestiert) |
|
9.1% |
|
0.9% |
|
– |
|
– |
|
9.1% |
|
0.9% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Auftragsbestand am 31. Dezember (untestiert) |
|
1’844.7 |
|
1’724.1 |
|
– |
|
– |
|
1’844.7 |
|
1’724.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Umsatz, zu einem Zeitpunkt realisiert |
|
2’026.8 |
|
2’269.3 |
|
– |
|
– |
|
2’026.8 |
|
2’269.3 |
|
Umsatz, über einen Zeitraum realisiert |
|
1’153.1 |
|
886.0 |
|
– |
|
– |
|
1’153.1 |
|
886.0 |
|
Umsatz 3) |
|
3’179.9 |
|
3’155.3 |
|
– |
|
– |
|
3’179.9 |
|
3’155.3 |
|
Wachstum nominal |
|
0.8% |
|
6.3% |
|
– |
|
– |
|
0.8% |
|
6.3% |
|
Wachstum währungsbereinigt (untestiert) |
|
1.6% |
|
6.0% |
|
– |
|
– |
|
1.6% |
|
6.0% |
|
Wachstum organisch 2) (untestiert) |
|
1.8% |
|
3.5% |
|
– |
|
– |
|
1.8% |
|
3.5% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Operationelles Ergebnis (untestiert) |
|
326.4 |
|
304.9 |
|
–8.8 |
|
–11.6 |
|
317.6 |
|
293.3 |
|
Operationelle Profitabilität (untestiert) |
|
10.3% |
|
9.7% |
|
n/a |
|
n/a |
|
10.0% |
|
9.3% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Restrukturierungskosten |
|
–0.1 |
|
–9.4 |
|
0.0 |
|
–0.0 |
|
–0.1 |
|
–9.5 |
|
Amortisation |
|
–38.0 |
|
–49.6 |
|
–0.8 |
|
–0.6 |
|
–38.8 |
|
–50.2 |
|
Wertminderungen von immateriellen Anlagen und Sachanlagen |
|
–44.5 |
|
–4.2 |
|
– |
|
– |
|
–44.5 |
|
–4.2 |
|
Nicht operative Positionen (untestiert) |
|
–119.0 |
|
–4.8 |
|
–3.8 |
|
–2.9 |
|
–122.8 |
|
–7.7 |
|
EBIT |
|
124.8 |
|
236.9 |
|
–13.5 |
|
–15.0 |
|
111.4 |
|
221.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Abschreibungen |
|
–72.8 |
|
–77.7 |
|
–3.2 |
|
–3.3 |
|
–76.0 |
|
–81.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Betriebliche Aktiven |
|
3’113.8 |
|
3’066.2 |
|
–47.5 |
|
180.3 |
|
3’066.3 |
|
3’246.5 |
|
Nicht zugeordnete Aktiven |
|
– |
|
– |
|
1’553.8 |
|
1’763.9 |
|
1’553.8 |
|
1’763.9 |
|
Total Aktiven am 31. Dezember |
|
3’113.8 |
|
3’066.2 |
|
1’506.4 |
|
1’944.3 |
|
4’620.2 |
|
5’010.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Betriebliches Fremdkapital |
|
1’627.0 |
|
1’552.3 |
|
8.0 |
|
196.8 |
|
1’635.0 |
|
1’749.1 |
|
Nicht zugeordnetes Fremdkapital |
|
– |
|
– |
|
1’956.5 |
|
1’982.0 |
|
1’956.5 |
|
1’982.0 |
|
Total Fremdkapital am 31. Dezember |
|
1’627.0 |
|
1’552.3 |
|
1’964.5 |
|
2’178.8 |
|
3’591.5 |
|
3’731.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Betriebliche Nettoaktiven |
|
1’486.8 |
|
1’513.9 |
|
–55.5 |
|
–16.4 |
|
1’431.4 |
|
1’497.5 |
|
Nicht zugeordnete Nettoaktiven |
|
– |
|
– |
|
–402.7 |
|
–218.1 |
|
–402.7 |
|
–218.1 |
|
Total Nettoaktiven am 31. Dezember |
|
1’486.8 |
|
1’513.9 |
|
–458.2 |
|
–234.6 |
|
1’028.6 |
|
1’279.3 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
N/A |
|
–96.7 |
|
–111.7 |
|
–3.3 |
|
–7.7 |
|
–100.0 |
|
–119.4 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Mitarbeitende (Anzahl Vollzeitstellen) am 31. Dezember |
|
12’674 |
|
13’631 |
|
194 |
|
185 |
|
12’868 |
|
13’816 |
1) Bestellungseingang von Drittkunden.
2) Bereinigt um Währungs- und Akquisitionseffekte (siehe Anhang 34.26 für Berechnungsgrundlage).
3) Umsatz mit Drittkunden.
4) Die wesentlichsten Aktivitäten, die unter „Übrige“ zusammengefasst werden, betreffen das Corporate Center.
For the definition of operational profit from continuing operations, operational profitability from continuing operations, currency-adjusted growth and organic growth, reference is made to the section “Supplementary information” and for the reconciliation statements to the section “Financial review”.
Information about reportable segments
Operating segments are determined based on the reports reviewed by the Chief Executive Officer that are used to measure performance, make strategic decisions and allocate resources to the segments. The business is managed on a divisional basis and the reported segments have been identified as follows:
Flow Equipment
The Flow Equipment division (renamed in 2021 from Pumps Equipment) specializes in pumping solutions specifically engineered for the processes of its customers. The division provides pumps, agitators, compressors, grinders, screens and filters developed through intensive research and development in fluid dynamics and advanced materials. The focus is on pumping solutions for water, oil and gas, power, chemicals and most industrial segments.
Services
The Services division (renamed in 2021 from Rotating Equipment Services) provides cutting-edge parts as well as maintenance and repair solutions for pumps, turbines, compressors, motors and generators, through a network of over 100 service sites around the world. The division services Sulzer original equipment, but also all associated third-party rotating equipment run by the customers, maximizing its sustainability and life-cycle cost-effectiveness. The division’s technology-based solutions, fast execution and expertise in complex maintenance projects are available at its customers’ doorsteps.
Chemtech
The Chemtech division focuses on innovative mass transfer, static mixing and polymer solutions for chemicals, petrochemicals, refining and LNG. Chemtech also provides ecological solutions such as bio-based chemicals, polymers and fuels, recycling technologies for textiles and plastic as well as carbon capture and utilization/storage, contributing to a circular and sustainable economy. The division’s product offering ranges from process components to complete process plants and technology licensing.
Others
Certain expenses related to the Corporate Center are not attributable to a particular segment and are reviewed as a whole across the group. Also included are the eliminations for operating assets and liabilities.
The Chief Executive Officer primarily uses operational profit to assess the performance of the operating segments. However, the Chief Executive Officer also receives information about the segments’ order intake and backlog, sales, and operating assets and liabilities on a monthly basis.
Sales from external customers reported to the Chief Executive Officer are measured in a manner consistent with that in the income statement. There are no significant sales between the segments. No individual customer represents a significant portion of the group’s sales.
Operating assets and liabilities are assets or liabilities related to the operating activities of an entity and contributing to the EBIT.
Segment information by region
The allocation of assets is based on their geographical location. Non-current assets exclude deferred income tax assets, non-current receivables, defined benefit assets and other non-current financial assets. The allocation of sales from external customers is based on the location of the customer.
Non-current assets by region
|
in Mio. CHF |
|
2022 |
|
2021 |
|
Europa, Naher Osten, Afrika |
|
853.5 |
|
941.9 |
|
N/A |
|
220.5 |
|
201.5 |
|
N/A |
|
180.1 |
|
203.0 |
|
N/A |
|
125.7 |
|
162.2 |
|
N/A |
|
114.6 |
|
109.0 |
|
N/A |
|
84.6 |
|
100.8 |
|
|
|
|
|
|
|
Amerika |
|
413.4 |
|
425.9 |
|
N/A |
|
376.6 |
|
390.3 |
|
|
|
|
|
|
|
Asien-Pazifik |
|
136.7 |
|
144.6 |
|
N/A |
|
52.4 |
|
53.6 |
|
|
|
|
|
|
|
Total |
|
1’403.6 |
|
1’512.4 |
Sales by region
|
|
|
2022 |
||||||
|
in Mio. CHF |
|
Flow Equipment |
|
Services |
|
Chemtech |
|
Total Sulzer |
|
Europa, Naher Osten, Afrika |
|
602.0 |
|
439.9 |
|
166.0 |
|
1’207.9 |
|
– davon Grossbritannien |
|
36.3 |
|
112.9 |
|
15.7 |
|
164.9 |
|
– davon Deutschland |
|
87.8 |
|
43.1 |
|
17.0 |
|
147.9 |
|
– davon Saudi Arabien |
|
66.3 |
|
23.7 |
|
20.3 |
|
110.3 |
|
– davon Frankreich |
|
32.3 |
|
31.3 |
|
8.6 |
|
72.2 |
|
– davon Russland |
|
31.2 |
|
23.2 |
|
14.0 |
|
68.4 |
|
|
|
|
|
|
|
|
|
|
|
Amerika |
|
420.9 |
|
525.5 |
|
196.4 |
|
1’142.8 |
|
– davon USA |
|
223.6 |
|
397.1 |
|
141.3 |
|
761.9 |
|
|
|
|
|
|
|
|
|
|
|
Asien-Pazifik |
|
300.1 |
|
151.6 |
|
377.5 |
|
829.2 |
|
– davon China |
|
202.2 |
|
28.3 |
|
254.6 |
|
485.1 |
|
|
|
|
|
|
|
|
|
|
|
Total |
|
1’323.0 |
|
1’117.0 |
|
739.9 |
|
3’179.9 |
|
|
|
2021 |
||||||
|
in Mio. CHF |
|
Flow Equipment |
|
Services |
|
Chemtech |
|
Total Sulzer |
|
Europa, Naher Osten, Afrika |
|
671.8 |
|
485.6 |
|
140.0 |
|
1’297.5 |
|
– davon Grossbritannien |
|
25.7 |
|
112.1 |
|
5.3 |
|
143.1 |
|
– davon Deutschland |
|
65.6 |
|
55.7 |
|
26.7 |
|
148.0 |
|
– davon Saudi Arabien |
|
118.7 |
|
25.4 |
|
15.2 |
|
159.3 |
|
– davon Frankreich |
|
27.3 |
|
30.8 |
|
9.1 |
|
67.2 |
|
– davon Russland |
|
34.2 |
|
35.6 |
|
15.9 |
|
85.6 |
|
|
|
|
|
|
|
|
|
|
|
Amerika |
|
386.0 |
|
473.5 |
|
118.6 |
|
978.1 |
|
– davon USA |
|
236.0 |
|
368.3 |
|
63.0 |
|
667.4 |
|
|
|
|
|
|
|
|
|
|
|
Asien-Pazifik |
|
331.1 |
|
158.6 |
|
390.0 |
|
879.7 |
|
– davon China |
|
227.3 |
|
30.7 |
|
265.8 |
|
523.7 |
|
|
|
|
|
|
|
|
|
|
|
Total |
|
1’389.0 |
|
1’117.7 |
|
648.5 |
|
3’155.3 |
Segment information by market segment
The following table shows the allocation of sales from external customers by market segment.
Sales by market segment – Flow Equipment
|
in Mio. CHF |
|
2022 |
|
2021 |
|
|
|
453.4 |
|
507.9 |
|
|
|
489.8 |
|
497.0 |
|
|
|
379.7 |
|
384.1 |
|
|
|
1’323.0 |
|
1’389.0 |
Sales by market segment – Services
|
in Mio. CHF |
|
2022 |
|
2021 |
|
|
|
593.7 |
|
601.0 |
|
|
|
523.4 |
|
516.7 |
|
|
|
1’117.0 |
|
1’117.7 |
Sales by market segment – Chemtech
|
in Mio. CHF |
|
2022 |
|
2021 |
|
|
|
398.4 |
|
366.4 |
|
|
|
130.4 |
|
128.1 |
|
|
|
108.5 |
|
96.7 |
|
|
|
73.9 |
|
38.3 |
|
|
|
28.6 |
|
19.1 |
|
|
|
739.9 |
|
648.5 |