UPDATE 3-Sulzer H1 core income slips, trims forecast

Newswire

(Adds company executives comment, updates share price) By Nieck Ammerlaan ZURICH, Aug 27 (Reuters) - Sulzer reported on Tuesday a lower first half profit and the Swiss industrial engineering group scaled back forecasts for 2002 due to continued weak demand, causing its shares to slide. Blaming tough end-markets, particularly in the U.S. power supply sector, and rising price pressures, Sulzer said it did not expect its four core divisions to match full-year 2001 operating income of 119 ...

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