Hinwil (Switzerland), EMBARGOED UNTIL January 21, 2021, 7.00 a.m. CET
Press Release of the Belimo Group
Belimo Reports Steady Sales in Local Currencies
The Belimo Group defied the impact of the COVID-19 pandemic in 2020 and maintained steady net sales in local currencies (+/- 0.0 percent). In Swiss francs, net sales declined by -4.5 percent, to CHF 661.2 million.
In local currencies, sales in the Europe market region increased by +1.8 percent, while declining by -1.8 percent in the Americas and by -1.1 percent in Asia Pacific. Net sales in air applications (+/- 0.0 percent) and water applications (-0.1 percent) remained unchanged in terms of local currencies.
Net sales by market regions
| in CHF 1,000 |
2020 |
% |
Growth
in local
currencies
in % |
2019 |
% |
| Europe |
322,285 |
49 |
1.8 |
328,777 |
48 |
| Americas |
253,875 |
38 |
-1.8 |
272,849 |
39 |
| Asia Pacific |
85,067 |
13 |
-1.1 |
91,054 |
13 |
| Group |
661,226 |
100 |
0.0 |
692,680 |
100 |
Net sales by applications
| in CHF 1,000 |
2020 |
% |
Growth
in local
currencies
in % |
2019 |
% |
| Air |
368,415 |
56 |
0.0 |
385,480 |
56 |
| Water |
292,812 |
44 |
-0.1 |
307,200 |
44 |
| Total |
661,226 |
100 |
0.0 |
692,680 |
100 |
The Belimo Group is a leading global manufacturer of innovative electrical actuator, valve, and sensor solutions for heating, ventilation, and air conditioning systems. The Company reported sales of CHF 661 million in 2020 and has around 1,900 employees. Information about the Company and its products is available on the internet at www.belimo.com.
The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN).
| Contact |
|
Dr. Markus Schürch, CFO |
|
+41 43 843 65 01 |
| |
|
Gérard Moinat, IRO |
|
+41 43 843 63 80 |
| |
|
|
|
|
| Agenda |
|
Publication of Annual Report 2020 /
Media and Financial Analysts Conference |
|
March 8, 2021 |
| |
|
Annual General Meeting 2021 |
|
March 29, 2021 |
