|Bid||62.70 x N/A|
|Ask||65.90 x N/A|
|Day's range||64.04 - 64.28|
|52-week range||57.80 - 143.05|
|Beta (5Y monthly)||1.87|
|PE ratio (TTM)||76.55|
|Forward dividend & yield||3.50 (5.51%)|
|Ex-dividend date||08 Apr 2022|
|1y target est||N/A|
Swiss engineering group Sulzer has put its Russia business up for sale, joining the exit from the market hit by Western sanctions over Moscow's invasion of Ukraine. The sales process will begin immediately, on Tuesday without providing further detail. A spokesperson said all options were open, including a buyout by local management.
ZURICH (Reuters) -Sulzer has to temporarily suspend the activities of its two legal entities in Poland due to sanctions levied by the Polish government on Russian minority shareholder Viktor Vekselberg, the Swiss engineering group said. "The potential impact on sales, if the suspension were to last, is limited to 21 million Swiss francs, representing 0.6% of Sulzer's total sales in 2021," the group added https://www.sulzer.com/en/shared/news/220516-sulzer-business-in-poland-impacted-by-local-sanctions in a statement.