Annual General Meeting of Burckhardt Compression Holding AG approves all proposals of the Board of Directors July 05, 2024 | Ad hoc announcement pursuant to Art. 53 LR
267 shareholders attended Burckhardt Compression Holding AG's Annual General Meeting at the Parkarena in Winterthur on July 5, 2024. They approved all Board's proposals. A dividend of CHF 15.50 per share will be distributed. Read more
Burckhardt Compression delivers strong growth and profitability increase; raising its sales guidance for 2027 June 04, 2024 | Ad hoc announcement pursuant to Art. 53 LR
- Burckhardt Compression achieved the following record results in fiscal year 2023:
• Sales of CHF 982.0 mn, +18.4% year-on-year
• Operating income (EBIT) of CHF 121.4 mn, +27.8% year-on-year
• Earnings per share of CHF 26.63, +29.0% year-on-year
- Dividend of CHF 15.50 proposed, an increase of 29.2% year-on-year
- 12% reduction in the Group's greenhouse gas emission intensity (Scope 1 and 2)
- Guidance for fiscal year 2024: sales between CHF 1.0 bn and CHF 1.1 bn, with an EBIT-margin at a similar level as in fiscal year 2023
- Sales guidance for 2027 (Mid-Range Plan) raised by CHF 100 mn to CHF 1.2 bn
- Tatiana Gillitzer proposed as new board member, as Monika Krüsi decided, after 12 years on the board of directors, to not stand for reelection
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Swift repair brings vessel back in only 40 days April 18, 2024 | Success Story
Anthony Veder Rederijzaken B.V. is a prominent gas shipping company operating 30 modern gas carriers. Installed on these vessels are 56 Laby® compressors from Burckhardt Compression, all operating under a partnership agreement. Read more
Increased compressor reliability results in fewer emissions and extended lifetime March 25, 2024 | News
During its preventive maintenance cycle, a crop nutrition company and provider of environmental and agricultural solutions identified severe corrosion in a Non-Burckhardt compressor cylinder. Read more
Burckhardt Compression Holding AG to propose Tatiana Gillitzer as a new member of the Board of Directors March 19, 2024 | News
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High-quality reverse engineering to extend compressor’s lifetime February 29, 2024 | Success Story
Our customer, a leading energy company in Europe, runs two LDPE production lines in its site in France. We have a long-standing partnership and have executed several repairs and overhauls including supplying three complete 2nd-stage cylinders for one of their non-Burckhardt hyper compressors. Read more
Court rules in favor of two Burckhardt Compression employees December 13, 2023 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression acknowledges the recent decision of the Federal Criminal Court of Switzerland, resulting in the acquittal of two employees of Burckhardt Compression AG. Read more
Major compressor overhaul of LDPE line to ensure full availability December 06, 2023 | Success Story
A chemical company located in Scandinavia operates an LDPE plant with two lines. The 45-year-old Hyper and booster/primary compressors of line 2 needed to be overhauled and removed completely for major foundation repairs. Our crew of 16 people on site worked in a two-shift configuration to get the compressors back in operation on time. Our customer mentioned the single point of contact which made the communication easy and eliminated interfaces, our professional planning and the short compressor downtime as key plus points. Read more
Burckhardt Compression delivers strong sales growth despite significant currency effects, and a substantial increase in operating profit and net income October 31, 2023 | Ad hoc announcement pursuant to Art. 53 LR
In the first half of 2023, Burckhardt Compression delivered a strong sales growth of 21% despite significant currency effects. The Group also substantially increased operating income by 26% and net income by 32%. For the fiscal year 2023, Burckhardt Compression confirms its guidance and remains on track to achieve its Mid-Range Plan 2023-2027. Read more
Burckhardt Compression AG and PROGNOST Systems GmbH receive internationally recognized and sought-after cyber security certificate October 12, 2023 | News
Burckhardt Compression in Winterthur and its subsidiary PROGNOST Systems GmbH have earned the highly regarded cyber security IEC62443-4-1 certification. The certification offers substantial benefits to their customers by assuring that their industrial control systems meet the highest cyber security standards. Read more
Zero-hour revamp of two Waukesha and Ariel compressor packages September 12, 2023 | Success Story
A discovery of two hydrocarbon reservoirs was made in Idaho in 2012 and 2018. These are the only hydrocarbon reservoirs in the state. The only gas processing company, Northwest Gas Processing Company, needed two Waukesha 7042 Ariel JGK compressor packages revamped. Read more
Recycling a 2nd-hand cylinder is faster and good for the environment July 27, 2023 | Laby® Compressor
Hartmann Group in Germany approached Burckhardt Compression when detecting a rise in temperature on a compressor cylinder. Hartmann Group is one of the leading shipping companies worldwide. With a fleet of about 150 vessels, the company offers the complete range of maritime services. On the LPG carrier, GASCHEM BALTIC, they needed quick help to restore the compressor to normal operation. We analyzed the data provided by Hartmann Group from their integrated automation system and found the cylinder to be beyond repair. Because of a tight schedule, a customized 2nd-hand cylinder was proposed which could be delivered much faster and it was good for the environment. Don't waste – re-use. Read more