2013-02-14 07:04:01 -
BELIMO Holding AG /
BELIMO Holding AG: Innovative product line helps boost sales
. Processed and transmitted by Thomson Reuters ONE.
The issuer is solely responsible for the content of this announcement.
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
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
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
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):
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