Report
Baptiste Salaville ...
  • Gautier Le Bihan

Sulzer : A specialist in fluid handling undergoing transformation

A specialist in fluid treatment, Sulzer is a global player present in the energy, natural resources and industrial process markets. With two centuries’ experience, Sulzer offers a solid profile with structural mid-single growth and EBITDA margin improvement to 17% out to 2028 (vs 13.3% in 2023), thanks to the strategic plan based on a favourable product mix and industrial efficiency. Despite the stock’s strong performance, it is trading at a discount of 22% to its historical mult...
Underlying
Sulzer AG

Sulzer Sulzer specialize in pumping solutions, surface technology, separation, reaction, and mixing technology, as well as rotating equipment maintenance. Co.'s operations are organized along four divisions: Sulzer Pumps, which develops and supplies centrifugal pumps globally; Sulzer Metco, which is a global supplier of services and products for thermal-spray and thin-film surface technologies; Sulzer Chemtech, which is engaged in separation column and static mixing technologies; and Sulzer Turbo Services, which is a provider of repair and maintenance services for thermal turbomachinery and other rotating equipment.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Baptiste Salaville

Gautier Le Bihan

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