Brief: Burckhardt Compression Confirms 2017 Sales And EBIT Margin Outlook

Burckhardt Compression Holding AG

09/01/2018 05:35

Jan 9 (Reuters) - Burckhardt Compression Holding AG 
 BCHN.S : 
    * EXPECTS CONSOLIDATED SALES FOR FISCAL YEAR 2017 TO REACH 
THE 
PRIOR-YEAR LEVEL AND THE EBIT MARGIN TO RANGE BETWEEN 6% AND 9% 
    * PRESENTS ITS MID-RANGE PLAN - SYSTEMS DIVISION WILL 
MAINTAIN ITS 
MARKET LEADERSHIP - GROWTH WILL COME FROM THE SERVICES DIVISION 
    * AIMING FOR APPROXIMATELY CHF 700 MILLION IN SALES BY 
FISCAL YEAR 
2022, SPLIT FAIRLY EVENLY BETWEEN THE TWO DIVISIONS, WITH AN 
EBIT MARGIN OF 10 - 15% 
 
     
 Source text - http://bit.ly/2CVLCoG 
     
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