Sulzer to put in writing off property in Russia and Poland

Following Sulzer’s determination to exit the Russian market and close its Polish companies, the company has decided to put in writing off most of its property within the two international locations.
Sulzer’s headquarters in Winterthur, Switzerland.
Sulzer expects a one-time impression of CHF125 million–CHF135 million at current foreign exchange rates. Elementary shall be acknowledged within the first half of 2022.
The one-time asset write-offs will have no significant impact on Sulzer’s operational outcomes.
Sulzer will report its half-year results on 29 July 2022.
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