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Burckhardt Compression Holding AG (BCHN.S)

BCHN.S on Swiss Exchange

228.00CHF
16 Aug 2019
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Latest Key Developments (Source: Significant Developments)

Arkos Disputes Validity Of Burckhardt Compression Equity Call
Wednesday, 17 Jul 2019 04:18am EDT 

July 17 (Reuters) - Burckhardt Compression Holding AG ::ARKOS SAYS PENDING LITIGATION BROUGHT BY ARKOS AGAINST BURCKHARDT ENTITIES MUST BE RESOLVED PRIOR TO ANY LEGITIMATE TRANSFER OF UNITS INCLUDING ARKOS FIELD SERVICES.ARKOS SAYS BURCKHARDT MADE MISLEADING CLAIMS IN ITS NOTICE OF ITS EXERCISE OF A CALL OPTION TO ACQUIRE A MAJORITY INTEREST IN ARKOS FIELD SERVICES, LP.ARKOS FIELD SERVICES SAYS STRONGLY DISPUTES THE VALIDITY OF THE EQUITY CALL AND HAS NO PLANS TO CHANGE THE MANAGEMENT OR OWNERSHIP STRUCTURE.  Full Article

Burckhardt Compression Holding Buys Majority Interest In Arkos Field Services In US
Tuesday, 9 Jul 2019 12:06pm EDT 

July 9 (Reuters) - Burckhardt Compression Holding AG ::EXERCISES CALL OPTION TO ACQUIRE MAJORITY INTEREST IN ARKOS FIELD SERVICES IN THE US.BURCKHARDT COMPRESSION NORTH AMERICA RAISES TOTAL INTEREST IN ARKOS FIELD SERVICES TO 60%.ALL OF THE COMPANY’S 16 SITES WILL REMAIN IN OPERATION.  Full Article

Burckhardt Compression exercises call to boost Arkos stake to 60%
Tuesday, 9 Jul 2019 12:03pm EDT 

July 9 (Reuters) - Burckhardt Compression Holding AG ::BURCKHARDT COMPRESSION SAYS EXERCISES A CALL OPTION TO ACQUIRE A MAJORITY INTEREST IN ARKOS FIELD SERVICES IN THE US.BURCKHARDT COMPRESSION SAYS WITH THIS STEP, BURCKHARDT COMPRESSION NORTH AMERICA IS RAISING ITS TOTAL INTEREST IN THE COMPANY TO 60%, ALL 16 SITES WILL REMAIN IN OPERATION.  Full Article

Burckhardt Compression FY Net Income At CHF 32.2 Mln, Up 10.9%
Tuesday, 28 May 2019 12:42am EDT 

May 28 (Reuters) - Burckhardt Compression Holding AG ::FY Group order intake totaled CHF 658.7 mn and exceeded the prior-year figure by 25.4%.Consolidated sales for fiscal year 2018 edged 0.8% higher to CHF 599.3 mn.FY Operating income amounted to CHF 44.5 mn or 7.4 percent of sales.FY Consolidated net income amounted to CHF 32.2 mn, 10.9% more than in the previous fiscal year.Full-year 2019 sales are forecasted to range between CHF 600 mn and 640 mn.expects to report a slight increase in 2019 profit margins.Board of Directors will propose an unchanged dividend of CHF 6.00 per share.  Full Article

Burckhardt Compression Signs Contracts To Equip Mega-Plants In China
Wednesday, 24 Apr 2019 12:55am EDT 

April 24 (Reuters) - Burckhardt Compression Holding AG ::SIGNS CONTRACTS TO EQUIP MEGA-PLANTS WITH HYPER AND BOOSTER PRIMARY COMPRESSORS IN CHINA.  Full Article

Burckhardt Compression H1 EBIT Down At CHF 5.6 Mln
Tuesday, 30 Oct 2018 01:53am EDT 

Oct 30 (Reuters) - Burckhardt Compression Holding AG ::CONFIRMS HIGHER ORDER INTAKE, SALES AT PRIOR-YEAR LEVEL FOR 2018.CONFIRMS SLIGHT INCREASE IN OPERATING AND NET INCOME FOR 2018.H1 GROUP SALES OF CHF 258.1 MN, DOWN 10.1%.H1 CONSOLIDATED GROSS PROFIT AT CHF 49.2 MN (PRIOR-YEAR PERIOD: CHF 54.9 MN),.H1 EBIT AMOUNTED TO CHF 5.6 MN, A DECLINE OF CHF 7.2 MN.H1 NET INCOME AT CHF 2.4 MN, DOWN BY CHF 6.3 MN.FINANCIAL TARGETS IN THE MID-RANGE PLAN REMAIN UNCHANGED.  Full Article

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

BRIEF-Arkos Disputes Validity Of Burckhardt Compression Equity Call

* ARKOS SAYS PENDING LITIGATION BROUGHT BY ARKOS AGAINST BURCKHARDT ENTITIES MUST BE RESOLVED PRIOR TO ANY LEGITIMATE TRANSFER OF UNITS INCLUDING ARKOS FIELD SERVICES