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BELIMO Holding AG: Innovative product line helps boost sales


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2013-02-14 07:04:01 -

BELIMO Holding AG /
BELIMO Holding AG: Innovative product line helps boost sales
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Press release from the Belimo Group - Hinwil, February 14, 2013, 7:00 a.m.

The Belimo Group is a global leader in the field of actuator solutions for
controlling heating, ventilation and air-conditioning systems. The company
posted a solid 2012 despite the difficult market environment. Sales developed
well thanks to the multifaceted and innovative product line, although the growth
in sales varied by region.

In Swiss francs, net sales grew by 6.9 percent to CHF 444.6 million. Adjusted
for currency effects, total growth amounted to 5.4 percent. Growth was 5.7
percent in Europe, 5.9 percent in the Americas, and 1.7 
percent in Asia/Pacific. The air and water applications business grew by 4.0 percent and 7.5 percent respectively. On the basis of preliminary numbers, the Belimo Group expects its operating income (EBIT) to be around CHF 76 million (first half 2012 CHF 36.0 million, previous year CHF 67.8 million). Net income also moved higher and is expected to be CHF 61 million (first half 2012 CHF 29.6 million, previous year CHF 51.6 million). Detailed information on the 2012 financial year will be announced at the media information session on Monday, March 11, 2013. The Belimo Group is a leading global manufacturer of innovative electrical actuator solutions for heating, ventilation and air-conditioning systems. The Group generated sales of CHF 445 million in 2012 and employs close to 1,300 people. Information about the company and its products is available on the Internet at www.belimo.com/investorrelations. The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN). Contact Beat Trutmann, CFO Phone +41 43 843 62 65 Agenda Media information session/   Publication of 2012 Annual Report March 11, 2013   Annual General Meeting 2013 April 8, 2013   Semiannual Report 2013 August 6, 2013 Press release (PDF): hugin.info/100133/R/1677734/547314.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: BELIMO Holding AG via Thomson Reuters ONE [HUG#1677734]


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