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Berenberg raised its price target on Burckhardt Compression Holding AG (SIX:BCHN:SW) stock to CHF800.00 from CHF753.00 on Wednesday, while maintaining a Buy rating following the company’s robust fiscal year results.
The Swiss compression systems manufacturer reported record sales exceeding CHF1 billion for the first time in company history, reaching CHF1,096 million for the fiscal year ending March 2025. This represents a 13% year-over-year increase and surpassed both Berenberg and consensus estimates by 2-3%.
Burckhardt Compression achieved a book-to-bill ratio of 1.05x due to strong order intake, indicating continued demand momentum. The company’s EBIT margin improved significantly to 12.9%, up from 11.7% in the previous fiscal year, exceeding analyst expectations by 5-7%.
For fiscal year 2025, Burckhardt Compression provided guidance of CHF1.1 billion in sales, suggesting minimal growth compared to the record year just completed. The company expects its EBIT margin to remain stable at current levels.
Following the strong performance, Burckhardt Compression announced a dividend payment of CHF18 per share, slightly above Berenberg’s expectation of CHF17.
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