Following เกจ์วัดแรงดันลม to exit the Russian market and shut its Polish businesses, the corporate has determined to write down off most of its assets within the two international locations.
Sulzer’s headquarters in Winterthur, Switzerland.
Sulzer expects a one-time impact of CHF125 million–CHF135 million at present overseas exchange charges. CHF125m will be acknowledged within the first half of 2022.
The one-time asset write-offs will have no significant impact on Sulzer’s operational results.
Sulzer will report its half-year outcomes on 29 July 2022.
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