Sulzer reaffirms 2026 guidance after reporting higher profitability despite a revenue decline in the first half.
Sulzer posted 1H revenue of $1.67 billion, down 4.0% year-over-year, while EBITDA rose 9.7% to CHF 258.7 million. The EBITDA margin expanded by 110 basis points to 15.5%, reflecting improved operational efficiency.
The company maintained a solid order backlog of CHF 2.3965 billion, supporting its outlook for a backend-loaded year. Sulzer confirmed its full-year 2026 guidance, citing strong demand for energy, water, and chemical infrastructure.
Shares showed limited immediate reaction as investors focused on the reaffirmed outlook and margin improvement.