Burckhardt Compression results for the first half of fiscal 2012: Higher sales and solid earnings power November 06, 2012 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression, one of the world’s leading manufacturers of reciprocating compressors, increased its sales by 11% (plus 10% at constant exchange rates) in the first half of fiscal year 2012 (April to September). Order intake nearly matched the high level reached in the first half of the previous fiscal year. The EBIT margin rose to 18.4% and the net income margin to 13.8%. In its full-year forecast, Burckhardt Compression expects significantly higher sales in view of the currently high order backlog and an EBIT margin near the middle of its long-term target range of 15% to 20%. Read more
Burckhardt Compression announces appointment to Executive Board November 02, 2012 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression has appointed 43-year-old Rainer Dübi the new Head of Design & Manufacturing. Rainer Dübi is currently a senior sales manager for compressor systems at Burckhardt Compression and will assume his new function on December 1, 2012. Read more
Burckhardt Compression: Change in the Executive Board September 11, 2012 | Ad hoc announcement pursuant to Art. 53 LR
Lukas Betschon, Head of Design & Manufacturing at Burckhardt Compression and a member of the Executive Board, has decided to leave the company. Marcel Pawlicek, CEO and the former Head of Design & Manufacturing, will manage the department ad interim. Read more
LEWA GmbH and Burckhardt Compression AG Join Forces September 06, 2012 | Ad hoc announcement pursuant to Art. 53 LR
It seems that fossil fuels will continue to be the primary source of energy in the decades to come. However, solutions for the accompanying problems – for example the creation of greenhouse gases – have to be provided. LEWA GmbH and Burckhardt Compression AG have taken up the challenge of this task. In the future both enterprises are going to jointly manufacture systems that not only increase the production capacity of oil, but simultaneously decrease the emission of ecologically harmful gases. Read more
Burckhardt Compression: Change in the Executive Board August 16, 2012 | Ad hoc announcement pursuant to Art. 53 LR
Leonhard Keller, Head of Valves at Burckhardt Compression and a member of the Executive Board, is handing over his management responsibilities to Hans Keist on January 1, 2013. Leonhard Keller will assist Hans Keist in scaling up the compressor components manufacturing activities before entering retirement on March 31, 2013. Daniel Oswald, Head of IT and also an Executive Board member, has decided to leave Burckhardt Compression during the course of 2013 to develop his professional career. Read more
LANXESS Chooses Burckhardt Compression for New Equipment and Revamp August 09, 2012 | Ad hoc announcement pursuant to Art. 53 LR
One of the leading companies for speciality chemicals, LANXESS, has chosen Burckhardt Compression to deliver one Process Gas Compressor for their chemical production site in Leverkusen, Germany. LANXESS selected Burckhardt Compression due to the extensive experience in the compression of high pressure ethylene. In addition, Burckhardt Compression (Deutschland) GmbH has been awarded an order from LANXESS to revamp two existing Process Gas Compressors. Read more
Upgrade of HP Cartridge for Hyper Compressor July 08, 2012 | Success Story
A hyper compressor in an Ethylene plant experienced issues with the high-pressure cartridge. The customer involved Burckhardt Compression to analyze the situation and to make suggestions for improvement and to increase reliability. Read more
Zeeland Refinery N.V., a TOTAL and LUKOIL Company, Selected Burckhardt Compression to Deliver Process Gas Compressor API 618 July 05, 2012 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression has won an order from Zeeland Refinery N.V., a joint venture of TOTAL and LUKOIL, to deliver one Process Gas Compressor API 618 for their refinery expansion in the Netherlands. Read more
Annual General Meeting of Burckhardt Compression: All motions of the Board of Directors approved June 29, 2012 | Ad hoc announcement pursuant to Art. 53 LR
At the Annual General Meeting of Burckhardt Compression Holding AG held at the Parkarena in Winterthur, the attending shareholders approved all motions of the Board of Directors. The dividend was set at CHF 7.00 per share (previous year CHF 5.00). Read more
Fiscal year 2011: Order intake significantly higher – slightly lower sales – improved profitability and substantial increase of the dividend June 05, 2012 | Ad hoc announcement pursuant to Art. 53 LR
Burckhardt Compression, one of the world’s leading manufacturers of reciprocating compressors, booked 12% more orders (+15% at constant exchange rates) during the fiscal year 2011 (ending March 31, 2012). Sales for the year were down 8% (–4% at constant exchange rates). Operating profit and net income increased and the corresponding margins widened to 20% and 15%, respectively. A dividend of CHF 7.00 per share will be proposed at the annual general meeting (previous year CHF 5.00). In the current fiscal year management expects a further increase in order intake, significantly higher sales and a slightly lower operating profit margin. Read more
Dr. Monika Krüsi Schädle nominated for election to Burckhardt Compression’s Board of Directors April 20, 2012 | Ad hoc announcement pursuant to Art. 53 LR
The Board of Directors of Burckhardt Compression Holding AG will propose the election of Dr. Monika Krüsi, a Swiss-Italian dual citizen born in 1962, to its Board of Directors at the company’s annual general meeting on June 29, 2012. Read more
Burckhardt Compression appoints new Executive Board member January 09, 2012 | Ad hoc announcement pursuant to Art. 53 LR
Martin Heller, Head of New Machine Sales at Burckhardt Compression and a member of the Executive Board, is handing over his management responsibilities to Dr. Daniel Schillinger on April 1, 2012. Mr. Heller will assume responsibility for Business Development on the same day. Read more