Slide 1: Record Q1 order intake – operations back to normal
Record Q1 order intake – operations back to normal Greg Poux-Guillaume, CEO | Jill Lee, CFO | April 19, 2018
Slide 2: The Safe Harbor Statement under the US Private Securities Litigation Reform Act 1995
THE SAFE HARBOR STATEMENT UNDER THE US PRIVATE SECURITIES LITIGATION REFORM ACT 1995 This presentation may contain forward-looking statements, including but not limited to, projections of financial developments, market activities or future performance of products and solutions, containing risks and
Slide 3: Q1 order intake: Growth across all divisions
Q1 order intake Growth across all divisions Key figures Comments Organic order growth driven In CHF millions Q1 18 Q1 17 YOY adj.1 org.2 by oil and gas and general Divisions 909 771 17.8% 17.6% 11.8% industries Pumps Equipment 350 277 26.5% 25.0% 15.2% Acquisitions contributed a Rotating Equipme
Slide 4: Sulzer free from US sanctions - timeline
Sulzer free from US sanctions - timeline Timeline 12 April AM: 6 April PM: 8 April PM: Transfer of shares Renova put under Applied with OFAC completed sanctions by OFAC for sanctions relief (Renova <50%) Free from US sanctions 8 April PM: 11 April PM: 14 April AM: Signed binding OFAC approval of Unb
Slide 5: Key terms of agreement with Renova
Key terms of agreement with Renova • Dividend payments not due to Renova as long as sanction risk for Sulzer Dividends • Cash stays in company and can be used for financing • Includes 2017 dividend Proceeds • Proceeds of share purchase not due for 180 days and Funding • First 180 days: non-interest
Slide 6: Share price performance
Share price performance Share price development Highlights Share price dropped by c. 16% to 130.00 3'200'000 126.30 CHF 106.10 on first trading day following sanctions announcement 2'800'000 120.00 Trough on Wednesday with share 116.40 Price (CHF) price at CHF 97.40 113.00 2'400'000 111.70 Rec
Slide 7: Status of business
Status of business Sulzer no longer under US sanctions, all assets unblocked Resumed normal operations globally Business activities were considerably disrupted during period under sanctions One-off costs from sanctions are estimated to be approx. CHF 10m Sanctions costs to be treated as a
Slide 8: Financial guidance for 2018 confirmed
Financial guidance for 2018 confirmed Order Intake1 up 5% – 7% Sales1 up 4% – 6% Operational ROSA2 % around 9.5% 1. Adjusted for currency effects 2. Operational EBITA divided by sales 8 Investor Presentation | April 2018