Sulzer confirms 2026 guidance as Sulzer stock tracks CHF 2.75 billion orders

Published on 10/20/2026 at 12:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Nine-month orders reached CHF 2.75 billion on October 13, 2026, versus CHF 2.78 billion in 2025. Sulzer stock carries 2026 guidance.

Orders and guidance

Sulzer confirmed its full-year outlook on October 13, 2026, after nine-month orders reached CHF 2.75 billion.
Flow order intake rose to CHF 1.28 billion in the first nine months of 2026, while Chemtech fell to CHF 413.2 million.
Sulzer's market capitalization was CHF 5.9 billion as of October 20, 2026.

Schwarzweiß-Reportagefoto von Fabrikarbeitern bei der Pumpenmontage — Sulzer AG (CH0038388911) dokumentiert in Schwarzweiß-Reportage Arbeiter bei der Montage großer Industriepumpen in Fabrikhalle, Illustration mit AI erstellt.

Sulzer (ISIN CH0038388911) confirmed its full-year guidance on October 13, 2026, after nine-month order intake reached CHF 2.7493 billion. The announcement showed a sharp split between Flow and Chemtech, leaving investors with a stronger order picture but uneven division trends, according to Sulzer.

Orders recovered by October 13

Sulzer reported CHF 2.7493 billion of orders for January through September 2026, compared with CHF 2.7769 billion in the comparable 2025 period. The release said the figures reflected a back-end-loaded year and confirmed the full-year outlook.

Flow provided the main support. Its order intake rose 11.6 percent to CHF 1.2756 billion, compared with CHF 1.1701 billion a year earlier. Services declined 0.9 percent to CHF 1.0605 billion, while Chemtech fell 14.9 percent to CHF 413.2 million.

What does guidance mean for margins?

Sulzer kept its 2026 targets for organic order growth of 1 to 5 percent, sales growth of 2 to 5 percent and an EBITDA margin of about 16.5 percent, compared with 15.6 percent in 2025. That combination makes execution in Chemtech and the continued strength of Flow central to the outlook, as VZ reported on October 13, 2026.

The main counterweight is the division mix. The company attributed the Chemtech decline to postponed large projects and a challenging investment environment, while supply-chain disruptions and project delays affected Water and Industry.

Next dates are already scheduled

Sulzer's next listed corporate dates are annual results for February 25, 2027, followed by first-quarter 2027 order intake on April 12, 2027. The annual general meeting is scheduled for April 13, 2027, according to the October 13, 2026 release.

Market value and Swiss listing

Sulzer had a market capitalization of CHF 5.9 billion as of October 20, 2026. Its SIX-listed SUN shares had a 52-week range of CHF 127.80 to CHF 180.60, while the latest primary-market quote was CHF 173.30 on October 20, 2026 at 12:31 p.m. CEST.