21st June 2022
Daniel Pfund, Senior Financial Analyst
Compressor specialist Burkhardt Compression has released its figures for the fiscal year ending March 2022 (FY2021). Sales were down -1.2% in Swiss francs, but gross margin was up to 29.3% (from 25.2% the year before). Operating profitability also improved, with an EBIT margin of 10.8% (previous year: 9.2%). In terms of net income, the company reported year-on-year growth of 6.8% (and a net margin of 7.7%). Earnings per share jumped by 13.9% to CHF 13 per share. Finally, the Board of Directors proposes a dividend increase of 15.4% to CHF 7.50.
The real good news is in the order intake. The company announced orders up by 44.3% compared to last year, which makes the management confident for the coming year. The company expects sales of CHF 720-760 mn, an increase of 10-17%.