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