Sulzer to write off assets in Russia and Poland

Following Sulzer’s choice to exit the Russian market and close its Polish companies, the corporate has determined to put in writing off most of its assets within the two international locations.
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Sulzer expects a one-time impact of CHF125 million–CHF135 million at current overseas exchange charges. CHF125m will be acknowledged in the first half of 2022.
The one-time asset write-offs will have no important influence on Sulzer’s operational results.
Sulzer will report its half-year results on 29 July 2022.

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