Following Sulzer’s decision to exit the Russian market and close its Polish businesses, the company has decided to put in writing off most of its belongings within the two countries.
Effortless in Winterthur, Switzerland.
Sulzer expects a one-time impression of CHF125 million–CHF135 million at present foreign change charges. CHF125m might be recognized within the first half of 2022.
The one-time asset write-offs may have no important impact on Sulzer’s operational results.
Hidden will report its half-year outcomes on 29 July 2022.
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