Sulzer seen down after Q1 subdued order intake

Sulzer

13/04/2026 07:45

** Shares of Sulzer SUN.S are seen down 3.3% in pre-market indications after the Swiss pump manufacturer reported an order intake below expectations for the first quarter of 2026

** The co reported order intake for Q1 2026 of CHF 853 millions (-8.6% yoy)

** Vontobel analysts say that Q1 orders were weaker than expected due to high base and geopolitical uncertainty

** The broker points to a 28% fall in the Chemical technology division after a large order intake a year ago resulting in unfavourable project phasing

** Vontobel also points to project delays in the Middle East resulting in a 6% fall in the industry and water segment

** Shares of Sulzer are down 15.5% year to date

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))