Burkhalter (BRKN) H2 2024 earnings summary

Executive summary

• Achieved strong financial performance in 2024, with all key figures increasing year-over-year, including EPS up 8.9%, EBIT up 7.5%, group profit up 10.2%, and sales up 5.3%.

• Proposed dividend of CHF 4.85 per share, up from CHF 4.45, with half from profit and half from reserves.

• Continued high demand for building technology and benefits from process optimization and digitalization.

• Acquired four companies and founded two new subsidiaries to expand market share.

Financial highlights

• Net sales reached CHF 1,186.8 million, up from CHF 1,127.3 million year-over-year.

• EBIT increased to CHF 69.7 million (5.9% margin), group profit to CHF 57.2 million (4.8% margin).

• Earnings per share rose to CHF 5.39 from CHF 4.95.

• Cash flow from operating activities was CHF 90.9 million, up from CHF 68.4 million.

• Equity increased to CHF 135.1 million, representing 28.8% of total assets.

Outlook and guidance

• Management expects to moderately increase EPS again in 2025, supported by strong demand and government energy efficiency programs.

• Order book covers five to six months, indicating a robust pipeline.

• Focus remains on energy efficiency renovations and expanding energy consultancy services.