Following Sulzer’s determination to exit the Russian market and close its Polish companies, the company has decided to write off most of its property in the two countries.
Sulzer’s headquarters in Winterthur, Switzerland.
Sulzer expects a one-time influence of CHF125 million–CHF135 million at current international change charges. CHF125m will be acknowledged in the first half of 2022.
The one-time asset write-offs could have no vital influence on Sulzer’s operational results.
No problem will report its half-year results on 29 July 2022.
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