Burckhardt Compression reports 2019 financial results


Switzerland-based gas compression solutions company Burckhardt Compression has released its full-year results for 2019, highlighting higher sales, higher profit and lower order intake.

For the year, sales rose by 5.1% to CHF 629.6m (€584.4m), excluding the effects of currency translation and acquisitions, year-on-year sales growth was 3.9%. 

Sales at the Service Division rose by 7.8% to CHF 241.3m (€224.2m), while the Systems Division reported a 3.4% increase to CHF 388.3m (€361m).

Consolidated order intake amounted to CHF 607.3m (€564.6m), 7.8% below the figure for the previous fiscal year, which was the highest ever recorded in the history of Burckhardt Compression.

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