UPDATE 1-Sulzer H1 net slips less than expected


(Adds details) ZURICH, Aug 26 (Reuters) - First-half net profit at Sulzer AG fell less than expected to 25 million Swiss francs ($17.7 million) from 42 million a year earlier, the Swiss machinery and engineering group said on Tuesday. The firm, whose shares are being dropped from the blue-chip SMI index , expected full-year net profit to lag the 2002 result despite an improvement in operating profit on the back of higher orders and sales in local currencies. This was because first-half ...

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