Burkhalter Holding AG Reports Strong 2024 Half-Year Results Amid Regulatory Clarification

Burkhalter Holding AG concluded the first half of 2024 with positive results, showing a significant boost in earnings per share by 7.4% compared to the same period in 2023. The company's outlook for the remainder of 2024 remains optimistic, driven by continued high demand for building technology services.

The Board of Arbitration of SIX Group AG dismissed Burkhalter's appeal against a decision imposing a CHF 150,000 fine for an ad hoc publicity violation by poenina holding ag, its legal predecessor. Burkhalter accepts the decision, which will not materially impact its financial outcomes.

Key financial highlights for the period ending 30 June 2024 include a group profit of CHF 23.3 million, an operating result (EBIT) of CHF 28.2 million, and sales revenue reaching CHF 567.6 million. The company acquired multiple Swiss building technology firms, contributing to its growth strategy.

The Burkhalter Group merged its service organizations under Burkhalter Services Ltd and relocated to a new Zurich office, enhancing internal efficiencies. The management anticipates a continued moderate increase in earnings per share for the year, aligned with strong demand for energy-efficient building solutions.