Fabrice Billard appointed head of the Systems Division July 12, 2016 | Ad hoc announcement pursuant to Art. 53 LR
The Board of Directors of Burckhardt Compression Holding AG has appointed Fabrice Billard as the new President of the Systems Division with a seat on the Executive Board. He will take up this position on October 1, 2016. Read more
Annual General Meeting approves all motions of the Board of Directors July 01, 2016 | Ad hoc announcement pursuant to Art. 53 LR
At the Annual General Meeting of Burckhardt Compression Holding AG held on July 1, 2016 at the Parkarena in Winterthur 303 shareholders approved all motions of the Board of Directors. As in the previous year the dividend was set at CHF 10.00 per share. Read more
Martin Wendel to take charge of the Services Division June 14, 2016 | Ad hoc announcement pursuant to Art. 53 LR
The Board of Directors of Burckhardt Compression Holding AG has appointed Martin Wendel to be the new COO of the Services Division and a member of the Executive Board. He takes up his new post on September 1, 2016. Read more
Financial year 2015: Positive business trend despite headwinds June 07, 2016 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression, one of the world’s leading manufacturers and service providers of reciprocating compressor systems, again passed in the financial year 2015 (as per March 31, 2016) the CHF 500 mn mark with slightly increased order intake. Sales hit the record high of the previous year with an increase of 3%. Operating income declined by 2% year-on-year and net profit by 4%. An unchanged dividend of CHF 10.00 per share will be proposed at the Annual General Meeting.  Read more
Acquisition of Majority Stake in Shenyang Yuanda Compressor Co., Ltd. completed May 13, 2016 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression completed the acquisition of a 60% stake in Shenyang Yuanda Compressor Co., Ltd. as announced on March 11, 2016. Shenyang Yuanda is the leading reciprocating compressor manufacturer in China. Read more
Renewal of IPO shareholder agreement at Burckhardt Compression April 26, 2016 | Ad hoc announcement pursuant to Art. 53 LR
The five shareholders who participated in the management buyout transaction in 2002 and who initiated and conducted Burckhardt Compression’s IPO in 2006 have informed the Company that they will extend their shareholder agreement for another five years, to 2021. Read more
Burckhardt Compression prepares for the future and gives itself a new organizational structure March 23, 2016 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression has introduced a new organizational structure to better meet customer needs. Read more
Acquisition of Majority Stake in Leading Chinese Reciprocating Compressor Manufacturer Shenyang Yuanda Compressor Co., Ltd. March 11, 2016 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression signed on March 10, 2016, the agreement to acquire a 60% stake in Shenyang Yuanda Compressor Co., Ltd., the leading reciprocating compressor manufacturer in China. Read more
Burckhardt Compression to Deliver Hyper Compressor and Process Gas Compressor API 618 for LDPE Tubular Plant in the US January 25, 2016 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression has been awarded an order to deliver a Hyper Compressor as Secondary Compressor and one Process Gas Compressor API618 as Primary/Purge Compressor for a large scale LDPE tubular plant. Read more
Burckhardt Compression to Acquire Minority Stake in US Based Arkos Field Services December 22, 2015 | Ad hoc announcement pursuant to Art. 53 LR
Reciprocating compressor manufacturer Burckhardt Compression signed and closed an agreement in which Burckhardt Compression acquired a 40% position in Arkos Field Services, an experienced US based compression and equipment service provider. Arkos Field Services serves its customers throughout fifteen strategically positioned service centers. The acquisition of this interest in Arkos Field Services provides Burckhardt Compression with enhanced access to the US service market which has the largest installed base of reciprocating compressors. Both parties agreed not to disclose any further terms of the acquisition agreement. Read more
Burckhardt Compression inaugurates new assembly plant in Korea November 12, 2015 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression inaugurated its new assembly plant for its Laby®-GI Compressor systems for the marine industry on Thursday, November 12, 2015. Due to its vicinity to the local shipbuilding industry, the new plant will become the company’s center of competence for the packaging of its fuel gas compression solution. Read more
Results for the first half of fiscal year 2015: Slight decline in order intake – higher sales – higher profits November 03, 2015 | Ad hoc announcement pursuant to Art. 53 LR
Orders received by Burckhardt Compression, one of the world’s leading manufacturers of reciprocating compressors, during the first half of fiscal year 2015 (April to September) did not quite match the exceptionally high order intake from the previous - year period. Meanwhile sales rose 24% compared to the previous-year period. The EBIT margin amounted to 14%, the net income margin 10%. Burckhardt Compression continues to expect full-year order intake to be around the level attained in the previous year and sales should exceed CHF 500 mn. The operating profit margin for the fiscal year 2015 is likely to be at the low end of the targeted long-term range of 15% to 20%. The targeted payout ratio of 50% to 70% is reiterated. Read more