Burckhardt Compression, a leading provider of reciprocating compressor systems, has announced its intention to propose the election of Tatiana Gillitzer as a new board member at the General Shareholder Meeting on July 5, 2024. Tatiana Gillitzer, a US-citizen, is a business leader with over 25 years of working and management experience in international organizations. She…
As communicated in February 2023, the Office of the Attorney General of Switzerland had filed charges with the Federal Criminal Court against two employees of Burckhardt Compression AG (BCAG), accusing them of having exploited insider knowledge when they purchased shares for the company’s ordinary employee stock ownership program on behalf of BCAG in May 2020….
Following a period of exceptional growth driven by a robust post-pandemic recovery and bolstered by upfront investments in the energy transition, the markets of the Group are normalizing. This is in line with the Group’s expectations and is reflected in the order intake for the period, which now excludes exceptional orders. In this dynamic market…
After a welcome address by the Chair of the Board of Directors Ton Büchner and a review of the 2022 fiscal year from CEO Fabrice Billard and CFO Rolf Brändli, shareholders approved all proposals of the Board of Directors. Kaspar W. Kelterborn was elected as a new independent member of the Board of Directors. The…
Fiscal year 2023 is an important year, marking the beginning of our new Mid-Range Plan. In addition to delivering the substantial orders received in the last two years, the overarching theme in fiscal years 2023 to 2027 will be “transforming for a sustainable energy future”. Essentially this will involve strengthening our core business, developing new…
5 questions to Veronika Schelling, Hydrogen Mobility & Energy Leader Hydrogen has long been called the “fuel of the future”. Is it currently having its breakthrough moment? Yes, it has clearly taken off in the past 18 months. The Biden administration’s Inflation Reduction Act (IRA) and the EU’s Delegation Act (DA), passed in February 2023,…
Based on the order intake of the fiscal years 2020 and 2021 and on the challenges in the supply chains, Burckhardt Compression communicated and confirmed on December 20, 2022, its outlook for the full fiscal year 2022 with sales between CHF 720 million and CHF 760 million and an EBIT margin similar to the fiscal…
Burckhardt Compression has been informed that the combined ownership of the MBO shareholder group is now reduced to 9.97%. The MBO group remains the largest shareholder of Burckhardt Compression and, as previously informed (News, dated December 15, 2020), has a renewed five year shareholders’ agreement in place with a term until May 2026. With a…