Burckhardt slides on subdued outlook after order slump
04/06/2026 10:05
BUZZ-Burckhardt slides on subdued outlook after order slump ** Shares in Burckhardt Compression BCHN.S fall 10% after the maker of compressor systems for the oil and gas industry delays targets and reports a 32% slump in FY order intake
** Burckhardt plans CHF 1.2 billion in sales and a 12–15% EBIT margin over the coming years, but is delaying these targets due to business disruption and a stronger Swiss franc
** Zuercher Kantonalbank says order intake implies a rather subdued FY26, adding the delay to medium-term targets is likely to be received negatively
** Stock down 16% YTD, on track for its worst day since March 2020
(Reporting by Paolo Laudani in Gdansk)