Burkhalter Group: First half of 2016 brings very good results

MEDIA RELEASE

First half of 2016 brings very good results

The Burkhalter Group ended the first half of 2016 with an excellent result and once again improved on all relevant key figures. As the construction sector in Switzerland remains lively, the Burkhalter Group's management still expects to be able once again to increase the earnings per share in the 2016 financial year.

Zurich, 8 September 2016

The Burkhalter Group's management can present a very encouraging interim balance sheet as at 30 June 2016 for the 2016 financial year. The earnings per share improved by 8.9% from CHF 2.48 to CHF 2.70 on the previous year (30 June 2015). The operating result (EBIT) increased by 8.0% to CHF 19.7 million (previous year CHF 18.3 million), and the Group profit firmed by 8.5% to CHF 16.2 million (previous year CHF 14.9 million). At CHF 244.4 million, sales were more or less on a par with the previous year.

The Burkhalter Group celebrates its employees

The ever-greater success enjoyed by the Burkhalter Group is down to the hard work done by its employees. On 28 June 2016, the Group put on a big event entitled "Let US celebrate!" in Zurich's Dielsdorf district to thank staff for their dedication, flexibility and loyalty.

Gaining additional market share through selective acquisitions

The Burkhalter Group strengthened its presence on the western shore of Lake Zurich by acquiring M+H Elektro AG and Jurt Elektro AG in Lachen in the canton of Schwyz with effect from 4 July 2016. Both companies have been operating in the electrical market since 1993 and offer traditional electrical engineering services. As of the reporting date, the Burkhalter Group comprised 43 independent electrical engineering companies in 99 locations in Switzerland. It remains part of the group's strategy to gain additional market shares by selectively acquiring other electrical engineering companies.

Outlook optimistic

As in previous years, the objective of the Burkhalter Group's management is to increase earnings per share in the current financial year as well, a realistic prospect as things stand.

Key figures

In CHF million	30.06.2015	30.06.2016	+ / - in %
Operating result (EBIT)	18.3	19.7	+8.0
Group profit	14.9	16.2	+8.5
Group sales	244.4	244.4	-0.02
CHF
Earnings per share	2.48	2.70	+8.9

The 2016 interim report can be downloaded from the Burkhalter website at http://www.burkhalter.ch/en/investor-relations/reports

Telephone conference: Thursday, 8 September 2016, from 09h15

The Burkhalter Group will discuss its 2016 consolidated interim financial statements during a telephone conference today.

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

[phone] (Europe)

[phone] (UK)

[phone] (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.

Further information:

Burkhalter Holding Ltd

Elisabeth Dorigatti, Head of Communications and Investor Relations

Phone: [phone]

E-mail: [e-mail]

Information about the Burkhalter Group: www.burkhalter.ch

The Burkhalter Group is the leading provider of electrical engineering services to the construction sector and currently (including the two acquisitions made after the reporting date) has 45 operating companies at 101 locations in Switzerland. On 31 December 2015 it posted an operating result (EBIT) of CHF 42.3 million, Group profit of CHF 34.8 million and sales of CHF 509.7 million, and employed 3,007 people (FTEs, of which 677 apprentices). The Group is headquartered in Zurich. Burkhalter Holding Ltd is listed on the SIX Swiss Exchange (ticker symbol BRKN, security number 21225580, ISIN CH0212255803).

The Burkhalter Group's range of services commences at the site where power is required. We concentrate on providing electrical engineering services in and on buildings (including infrastructure facilities) and offer a full range of services that confirm the Swiss reputation for quality and precision: installations, switchboards, services, telematics, automation and security. In other words: 360° Swiss electrotechnics.

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