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Following Sulzer’s determination to exit the Russian market and shut its Polish companies, the company has determined to write down off most of its assets within the two nations.
pressure gauge octa in Winterthur, Switzerland.
Sulzer expects a one-time impact of CHF125 million–CHF135 million at present international exchange charges. CHF125m might be acknowledged in the first half of 2022.
The one-time asset write-offs will have no important influence on Sulzer’s operational results.
Sulzer will report its half-year results on 29 July 2022.
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