BELIMO Holding AG: Accelerated growth in the Americas and Asia/Pacific
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BELIMO Holding AG /
BELIMO Holding AG: Accelerated growth in the Americas and Asia/Pacific
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In 2014 the Belimo Group was once again able to expand its leading market
position in the field of actuator solutions for controlling heating, ventilation
and air-conditioning systems. In the second half-year, the Americas and
Asia/Pacific performed particularly well, while growth in Europe slowed.
Net sales in Swiss francs rose by 4.5 percent (6.6 percent in local currencies)
to CHF 493.9 million. For Europe the currency-adjusted growth was 5.0, for the
Americas 8.3 and for Asia/Pacific 9.3 percent. The air and water applications
grew on a currency-adjusted basis by 6.1 and 7.4 percent, respectively.
Based on the preliminary figures, Belimo Group expects operating income (EBIT)
of about CHF 81 million (first half 2014 CHF 42.0 million, previous year CHF
81.3 million) and net income of about CHF 67 million (first half 2014 CHF 33.6
million, previous year CHF 62.6 million).
The present currency situation is expected to continue. Under these
circumstances, Belimo estimates that if the sales growth targeted for 2015 is
achieved, it will be difficult to generate growth in Swiss francs.
Detailed information on the 2014 reporting year will be announced on Monday,
March 23, 2015 at the media information session.
The Belimo Group is a leading global manufacturer of innovative electrical
actuator solutions and valve systems for heating, ventilation and air-
conditioning systems. The Group generated sales of CHF 494 million in 2014 and
employs close to 1450 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 2014 Annual Report March 23, 2015
Annual General Meeting 2015 April 20, 2015
Semiannual Report 2015 August 4, 2015
The press release can be downloaded from the following link:
Press release (PDF):
http://hugin.info/100133/R/1893149/670767.pdf
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Source: BELIMO Holding AG via GlobeNewswire
[HUG#1893149]
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Datum: 11.02.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 370694
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