Sulzer gains after Q2 EBITDA beat expectations
BUZZ-Sulzer gains after Q2 EBITDA beat expectations ** Shares in Sulzer SUN.S rise 6.6% after the Swiss pump manufacturer Q2 operating profit before depreciation and amortisation beat expectations
** The company reported Q2 EBITDA of CHF 258.7 million ($315.76 million) vs 253.8 million in a consensus cited by Vontobel
** Vontobel says execution in the "base" business remains very strong, helping to alleviate concerns about a macroeconomic-driven slowdown in demand
** Alpha Value expects "a positive market reaction given the EBITDA beat and the resilience shown by the Flow business"
** Share on track for a best day since January 15 , when it closed 9.0 % higher.
** Up to the previous session's close, shares were down 3.9% YTD
($1 = 0.8193 Swiss francs)
(Reporting by Amir Orusov)