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Burckhardt Compression Holding AG (BCHN.S)

BCHN.S on Swiss Exchange

346.80CHF
21 Sep 2018
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CHF0.60 (+0.17%)
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Latest Key Developments (Source: Significant Developments)

Burckhardt Compression Confirms 2017 Sales And EBIT Margin Outlook
Tuesday, 9 Jan 2018 12:35am EST 

Jan 9 (Reuters) - Burckhardt Compression Holding AG ::EXPECTS CONSOLIDATED SALES FOR FISCAL YEAR 2017 TO REACH THE PRIOR-YEAR LEVEL AND THE EBIT MARGIN TO RANGE BETWEEN 6% AND 9%.PRESENTS ITS MID-RANGE PLAN – SYSTEMS DIVISION WILL MAINTAIN ITS MARKET LEADERSHIP – GROWTH WILL COME FROM THE SERVICES DIVISION.AIMING FOR APPROXIMATELY CHF 700 MILLION IN SALES BY FISCAL YEAR 2022, SPLIT FAIRLY EVENLY BETWEEN THE TWO DIVISIONS, WITH AN EBIT MARGIN OF 10 – 15%.  Full Article

Burckhardt Compression Holding ‍Adopts Mid-Range Plan​
Wednesday, 6 Dec 2017 12:48am EST 

Dec 6 (Reuters) - BURCKHARDT COMPRESSION HOLDING AG ::‍ADOPTS MID-RANGE PLAN​.‍APPROVED MID-RANGE PLAN FOR FISCAL YEARS 2018 TO 2022​.BURCKHARDT COMPRESSION - AIMING FOR TOTAL SALES OF APPROXIMATELY CHF 700 MILLION AND AN EBIT MARGIN OF 10-15% BY FISCAL YEAR 2022​.  Full Article

Burckhardt Compression H1 net income down at CHF 8.7 million
Tuesday, 7 Nov 2017 12:49am EST 

Nov 7 (Reuters) - BURCKHARDT COMPRESSION HOLDING AG ::ORDER INTAKE FOR THE FIRST SIX MONTHS OF THE CURRENT FISCAL YEAR AMOUNTED TO CHF 212.6 MN, OR 4.5% LESS THAN IN THE PRIOR-YEAR PERIOD.SALES ROSE BY 6.5% YEAR-ON-YEAR TO CHF 287.0 MN DURING THE FIRST HALF.EBIT FOR THE FIRST HALF AMOUNTED TO CHF 12.8 MN, WHICH CORRESPONDS TO A DECLINE OF CHF 3.2 MN (–20.3%) .NET INCOME AMOUNTED TO CHF 8.7 MN, A DECLINE OF CHF 1.3 MN FROM THE PRIOR-YEAR PERIOD.OUTLOOK FOR THE 2017 FISCAL YEAR CONFIRMED.  Full Article

Burckhardt Compression ‍provides turn-key solution for LDPE plant overhaul in France​
Thursday, 28 Sep 2017 05:58am EDT 

Sept 28 (Reuters) - BURCKHARDT COMPRESSION HOLDING AG :‍PROVIDES TURN-KEY SOLUTION FOR LDPE PLANT OVERHAUL IN FRANCE​.  Full Article

Burckhardt Compression enters into strategic alliance with Kompressorteknik ML AB
Monday, 24 Jul 2017 12:48pm EDT 

July 24 (Reuters) - BURCKHARDT COMPRESSION HOLDING AG ::EXPANDS ITS SERVICE ACTIVITIES IN THE NORDIC COUNTRIES THROUGH A COLLABORATION AGREEMENT‍​.HAS ENTERED A STRATEGIC ALLIANCE WITH KOMPRESSORTEKNIK ML AB, A SWEDISH COMPANY BASED IN LUDVIKA, SWEDEN.  Full Article

Burckhardt Compression acquires CSM Compressor Supplies & Machine Work Ltd
Monday, 26 Jun 2017 12:48am EDT 

June 26 (Reuters) - BURCKHARDT COMPRESSION HOLDING AG ::BURCKHARDT COMPRESSION EXPANDS ITS PRESENCE IN CANADA.HAS ACQUIRED CSM COMPRESSOR SUPPLIES & MACHINE WORK LTD, (CSM) A CANADIAN COMPANY, EFFECTIVE JUNE 23, 2017.THE PARTIES HAVE AGREED NOT TO DISCLOSE THE PURCHASE PRICE.  Full Article

Burckhardt Compression FY consolidated net income after minorities CHF 37.9 mln
Tuesday, 6 Jun 2017 12:35am EDT 

June 6 (Reuters) - Burckhardt Compression Holding AG ::FY CONSOLIDATED ORDER INTAKE AMOUNTED TO CHF 474.9 MN, WHICH CORRESPONDS TO A YEAR-ON-YEAR DECLINE OF 9.2%.ACHIEVED FURTHER GROWTH IN THE FISCAL YEAR 2016, BOOKING CHF 557.7 MN IN SALES (PLUS 14.5%).FY GROSS PROFIT OF CHF 130.5 MN WAS 14.0% BELOW THE FIGURE REPORTED FOR THE PREVIOUS YEAR (CHF 151.7 MN) AND THE GROSS PROFIT MARGIN AMOUNTED TO 23.4% (31.1% IN THE PREVIOUS YEAR).FY CONSOLIDATED NET INCOME AFTER MINORITIES AMOUNTED TO CHF 37.9 MN, 31.6% LESS THAN IN THE PREVIOUS FISCAL YEAR. NET INCOME PER SHARE AMOUNTED TO CHF 11.20 (PREVIOUS YEAR CHF 16.34).DIVIDEND OF CHF 7.00 PER SHARE WILL BE PROPOSED AT THE ANNUAL GENERAL MEETING.EXPECTS SALES FOR THE FISCAL YEAR 2017 AT PREVIOUS YEAR LEVEL AND AN OPERATING MARGIN BETWEEN 6% AND 9%, EXPECTS THE EBIT MARGIN TO BE HIGHER FROM FISCAL YEAR 2018 ON.BOARD OF DIRECTORS OF BURCKHARDT COMPRESSION HOLDING AG HAS DECIDED TO SWITCH THE COMPANY’S ACCOUNTING STANDARD FROM IFRS TO SWISS GAAP FER, EFFECTIVE APRIL 1, 2017.  Full Article

Burckhardt Compression to modernize third-party Hyper Compressor at plant in Hungary
Wednesday, 17 May 2017 01:09am EDT 

May 17 (Reuters) - BURCKHARDT COMPRESSION HOLDING AG ::TO MODERNIZE MOL PETROCHEMICALS’ THIRD-PARTY HYPER COMPRESSOR AT ITS LDPE PLANT IN TISZAÚJVÁROS, HUNGARY.  Full Article

Burckhardt Compression Holding says introduces short-time working
Monday, 20 Feb 2017 01:07am EST 

Burckhardt Compression Holding AG : Introduces short-time working for part of its workforce in Winterthur . Introduction of short-term working, as likewise announced last year, is no longer avoidable and will begin in March 2017 for some of the employees in Winterthur .This action is being taken due to the significantly lower inflow of orders for compressor systems.  Full Article

Burckhardt Compression Holding H1 sales up 11 pct at CHF 269.6 million
Tuesday, 8 Nov 2016 12:45am EST 

Burckhardt Compression Holding AG : H1 total orders received amounted to 222.8 million Swiss francs ($228.72 million), a decline of 12.4 pct, generated sales of 269.6 million Swiss francs (+11.0 pct) . Overall order intake for fiscal year 2016 is projected to range from 450 to 500 million francs. Group sales (including Shenyang Yuanda Compressor) will exceed 600 million francs .Expects consolidated sales to decline by about 100 million francs in fiscal year 2017. An improvement in the operating profit margin is therefore not expected in the coming fiscal year.  Full Article

BRIEF-Burckhardt Compression And Exxonmobil Sign Global Lubricants Collaboration Agreement

* BURCKHARDT COMPRESSION AND EXXONMOBIL SIGN GLOBAL LUBRICANTS COLLABORATION AGREEMENT Source text for Eikon: Further company coverage: (Gdynia Newsroom)