Excellent figures for first half of 2015

The Burkhalter Group closed the first half of 2015 with a better result than the first half of 2014, in which outstanding results had been achieved. The Management Board therefore still anticipates earnings per share to also increase in the overall 2015 financial year.

Zurich, 14 September 2015

The Burkhalter Group's management can present an encouraging interim balance sheet as at 30 June 2015 for the 2015 financial year. The earnings per share improved by 7.4% on the previous year (30 June 2014) and increased to CHF 2.48 (previous year CHF 2.31). The operating result (EBIT) increased by 8.2% to CHF 18.3 million (previous year CHF 16.9 million), and the Group profit firmed by 9.4% to CHF 14.9 million (previous year CHF 13.6 million). Sales were down 1.1% to CHF 244.4 million (previous year CHF 247.0 million). Earnings per share increased despite the slight fall in sales. This is due to additional efficiency enhancements to work processes.

Gaining additional market share through selective acquisitions

On 3 February 2015, the Burkhalter Group signed the contract for the purchase of the Kolb Group's electrical division and consequently expanded its presence in the Rheintal economic region. The Kolb Group's electrical division consists of four independent companies: Kolb Elektro AG, Kolb Elektro SBW AG, Kolb Elektro SBW Aktiengesellschaft in Schaan (FL) and Kolb el-Consult AG. These four companies together employ some 110 people and generate joint annual sales of around CHF 19 million. The purchase contract was executed after the balance sheet date on 3 July 2015.

On 5 March 2015, Elektro Zeller AG in Murg was merged with Elektro Pizol AG in Sargans retroactively to 1 January 2015. Elektro Zeller will continue to operate as a branch in Murg.

On 6 March 2015 - also retroactively to 1 January 2015 - Robert Widmer AG in Lucerne and Otto Hermann AG in Lucerne were merged. Otto Hermann will continue to operate as a branch in Lucerne.

In the middle of the 2015 financial year, the Burkhalter Group therefore comprised 39 independent companies at 95 locations throughout Switzerland. It remains part of the Group's strategy to gain additional market share by selectively acquiring other electrical engineering companies.

Outlook still excellent

As things stand now, the outlook for the overall financial year 2015 is very good. The Management Board of the Burkhalter Group therefore still anticipates earnings per share in the 2015 financial year to increase again on the previous year.

Key figures

In CHF million

30.06.2014

30.06.2015

+ / - in %

Operating result (EBIT)

16.9

18.3

+8.2

Group profit

13.6

14.9

+9.4

Group sales

247.0

244.4

-1.1

CHF

Earnings per share

2.31

2.48

+7.4

The 2015 interim report can be downloaded from the Burkhalter website at

http://www.burkhalter.ch/en/investor-relations/reports

Telephone conference: Monday, 14 September 2015, from 09h15

The Burkhalter Group will discuss its 2015 consolidated interim financial statements during a telephone conference today.

Please call in five minutes before the start of the conference (at 09h15) on

+41 (0)58 310 50 00 (Europe)

+44 (0)203 059 58 62 (UK)

+1 (1)631 570 56 13 (USA)

The moderator for the telephone conference will connect you with the Chairman of the Board of Directors, Mr Gaudenz F. Domenig and the CEO and the delegate of the Board of Directors, Mr Marco Syfrig.


Download media release as PDF here



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