Sulzer Group of Switzerland Sees Steady Profit Growth in 2025, Dividends Raised Simultaneously
Swiss industrial giant Sulzer Group recently released its full-year 2025 results report, with data showing that the group achieved positive growth in both profitability and revenue last year. Its core financial indicators performed steadily, and shareholder dividends were raised simultaneously, demonstrating its operational resilience. As a global leader in pumping solutions and technical services, Sulzer Group's business covers fluid technology, services and other areas, with customers concentrated among top oil companies, chemical giants and large power enterprises.
According to a press release issued by the group on Thursday, Sulzer Group's net profit in 2025 reached CHF 295.4 million, representing a year-on-year increase compared with CHF 265.4 million in 2024, with profitability improving steadily. Meanwhile, the group's full-year sales reached CHF 3.55 billion, a slight increase from CHF 3.53 billion in the previous fiscal year; excluding the impact of exchange rates and changes within the scope of integration, the organic growth rate of sales reached 5.6%, reflecting the inherent growth momentum of its core business. This performance is basically consistent with the group's previously set growth targets and continues the strong sales growth momentum in the first half of the year.
Notably, Sulzer Group's core business segments performed prominently, among which the profitability of the Flow Equipment division increased significantly in 2025, becoming an important pillar driving the group's overall profit growth. As one of the group's core businesses, the Flow Equipment division has long been deeply engaged in high-efficiency hydraulic models and special metal smelting fields, and its related products are widely used in scenarios such as large-scale oil refining and offshore platforms. The significant improvement in profitability this time has further consolidated the division's leading position in the industry.
In terms of operational profitability, the group's full-year earnings before interest, tax, depreciation and amortisation (EBITDA) reached CHF 556.2 million, with an organic growth rate of as high as 18%; the gross profit margin also increased steadily, rising from 14.2% in 2024 to 15.6% in 2025, reflecting the continuous optimisation of the group's operational efficiency and the improvement of cost control capabilities. Among them, earnings before interest and tax (EBIT) increased particularly significantly, rising from CHF 221 million in 2024 to CHF 431.1 million in 2025, with a remarkable growth rate, highlighting the profit potential of the group's core business. This achievement is also attributed to the strict implementation of the group's "Sulzer Excellence" programme, which has effectively promoted the improvement of operational efficiency.
In terms of shareholder returns, Sulzer Group raised the 2025 fiscal year shareholder dividend to CHF 4.75 per share, an increase of CHF 0.5 compared with the previous fiscal year, fully reflecting the group's commitment to rewarding shareholders and also reflecting its confidence in its own business prospects from the side.
However, the report also shows that the group's order performance in 2025 was slightly under pressure. The full-year order intake fell to CHF 3.75 billion, a decrease from CHF 3.85 billion in the previous fiscal year, although the group claimed that the organic growth rate of order intake still reached 2.1%; as of the end of December 2025, the order backlog was CHF 2.25 billion, a slight decline from CHF 2.3 billion a year ago. Industry analysts believe that the slight fluctuation in order volume is related to global trade barriers and uncertainties in economic conditions, with some customers choosing to postpone large-scale investment decisions.
Overall, Sulzer Group's 2025 performance was slightly below the average expectations of market analysts. According to a survey by AWP, analysts had previously expected the group's full-year sales to be CHF 3.58 billion, order intake to be CHF 3.78 billion, EBITDA to be CHF 544 million, and net profit to be CHF 298 million, with a slight gap between the group's actual performance and expectations.
Regarding the future development outlook, Sulzer Group's management stated that it will continue to strengthen its core competitiveness to cope with the current external environment of unclear geopolitical situation and large market fluctuations. The management also admitted that due to the impact of the market environment, requests from customers for project extensions cannot be completely ruled out. For business operations in 2026, the group gave a clear forecast: the organic growth rate of order intake is expected to be between 1% and 5%, the turnover growth rate is expected to be 2% to 5%, and the EBITDA margin will reach 16.5%. This forecast is consistent with the group's previously proposed long-term growth strategy, demonstrating its determination to achieve steady development in a complex market environment.
