Burkhalter Holding Ltd

BRKN

Equity

ISIN CH0212255803 / Valor 21225580

SIX Swiss Exchange (2024-09-18)

CHF 88.70+0.80%

Burkhalter Holding Ltd
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About company

Burkhalter Holding Ltd is a full-service provider of building technology in Switzerland and the Principality of Liechtenstein, offering services in heating, refrigeration, ventilation, air-conditioning, plumbing, and electrical engineering. The company consists of 80 Group companies at around 160 locations and employs around 5000 people, including approximately 900 apprentices. Burkhalter Holding Ltd, through its network of electrical engineering companies, provides a comprehensive range of electrical engineering services to the construction sector.

Summarized from source with an LLMView SourceSector: Technology

Net Sales

Burkhalter Holding Ltd reported net sales of CHF 1,127,289 thousand for the fourth quarter of 2023. This marks a significant increase from the previous year's net sales of CHF 800,835 thousand, surpassing the billion mark for the first time in the company's history. The substantial growth in sales is largely attributed to the merger with Poenina Holding AG and the acquisition of six additional companies in 2023.

Operating Result (EBIT)

The operating result (EBIT) for Burkhalter Holding Ltd in Q4 2023 was CHF 64,809 thousand, up from CHF 48,056 thousand in the previous year. This represents an EBIT margin of 5.7% of sales, slightly down from 6.0% in 2022. The increase in EBIT is primarily due to improved process workflows and efficiency enhancements, which helped offset higher material costs.

Group Profit

Burkhalter Holding Ltd achieved a group profit of CHF 51,894 thousand in the fourth quarter of 2023, compared to CHF 38,534 thousand in the same period of the previous year. This increase in profit is attributed to the growing demand for energy-efficient solutions and the successful integration of newly acquired companies. The profit margin stood at 4.6% of sales, slightly lower than the 4.8% recorded in 2022.

Earnings Per Share

For Q4 2023, Burkhalter Holding Ltd reported earnings per share of CHF 4.95, up from CHF 4.73 in the previous year, reflecting a 4.7% increase. The rise in earnings per share is driven by higher net sales and improved operational efficiencies. The company’s strategic focus on energy-efficient solutions and acquisitions has contributed to this positive outcome.

Dividend Proposal

In light of the strong financial performance in 2023, the Board of Directors of Burkhalter Holding Ltd has proposed a dividend of CHF 4.45 per share, up from CHF 4.25 in the previous year. This proposal will be presented at the Shareholders’ Meeting on 14 May 2024. The dividend increase reflects the company's commitment to delivering value to its shareholders.

Summarized from source with an LLMView Source

Key figures

1.95%1Y

26.4%3Y

16.6%5Y

Performance

18.3%1Y

24.3%3Y

29.1%5Y

Volatility