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Home
  • Products

    Actuators

    • Actuator Sizing and Selection
    • Non Fail-Safe Actuators
    • Fail-Safe Actuators
    • Actuators for Harsh Environmental Conditions
    • Fast Running Actuators
    • Linear Actuators
    • Fire Damper Actuators
    • Smoke Control Damper Actuators
    • Variable Air Volume
    • Valve Actuators
    • Accessories

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    • Belimo Energy Valve™
    • Pressure Independent Control Valves
    • Zone Valves
    • Characterised Control Valves
    • Ball Valves
    • Butterfly Valves
    • Globe Valves
    • Valve Actuators
    • Accessories

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    • Duct Sensors (Air)
    • Pipe Sensors (Water)
    • Outdoor Sensors (Air)
    • Room Units
    • Gas Monitors (Air)
    • Thermal Energy Meters (TEM)
    • Belimo Energy Valve™ with TEM
    • Accessories

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    • Room Solutions
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    • Belimo ZoneEase™ VAV
    • Accessories

    RetroFIT+

    • RetroFIT+ Product Replacement Tool
    • RetroFIT+ Replacement Products
    • Make the Most Out of It
    • Upgrade Your System
    • Start with Minimal Effort
    navigation-teaser_2_sc
  • Support

    Tools

    • Belimo Webshop
    • Actuator Sizing and Selection
    • Valve Sizing and Selection
    • Sensors/Meters Selection
    • RetroFIT+ Product Replacement Tool
    • RetroFIT+ App
    • Belimo Display App
    • Belimo Assistant 2
    • Belimo Cloud
    • ZoneEase VAV Cloud
    • ZoneEase VAV Mobile App
    • Hand Held Programming Devices
    • BIM (Building Information Modeling)
    • PC-Tool

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    • Healthy Indoor Air Quality
    • Virtual Experience Center
    • Webinars
    • Website Tutorials

    Resources

    • Document Downloads
    • Webinars
    • Videos
    • Website Tutorials
  • About Us

    Belimo

    • Profile
    • Our Values
    • Sustainability
    • History
    • Awards & Recognitions
    • Affiliated Organisations
    • Quality @ Belimo
    • Customer Service and Support

    Jobs & Careers

    • Jobs
    • Culture@BELIMO
    • Benefits
    • Recruitment process
    • Careers
    Nevigation-image-4

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    • Belimo Share
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  1. Home
  2. Investor Relations
  3. Ad hoc and Corporate News
  4. Press Releases 2016

Belimo with strong sales and income figures

Hinwil, August 3, 2016, 07:00 a.m. - In the first half-year 2016, the Belimo Group increased its sales by 12.9 percent to CHF 273.9 million, adjusted for currencies by 10.2 percent.
Operating income before interest and taxes (EBIT) for the first half-year 2016 amounted to CHF 46.9 million, which equates to an operating margin of 17.1 percent (comparison period 2015 14.7 percent). Net income amounted to CHF 37.8 million (comparison period 2015 CHF 23.0 million). In the previous year, net income was strained substantially by the appreciation of the Swiss franc.
Europe. Sales in the Europe market region grew by 9.5 percent, or 7.2 percent on a currency-adjusted basis. Poland, Norway, Italy and the United Kingdom made notable contributions to growth. Poland’s improvement was the result of good economic developments and the relocation of production facilities by Western European companies. The United Kingdom and Norway mainly owed their growth to the strong OEM business. Germany and the Nether-lands also contributed essentially to growth. The low oil price resulted in restrained investment activity in the Middle East, which had a negative impact on business operations in Saudi Arabia. Sales in the Russian market stabilized at a low level.
Solutions using pressure-independent products such as the Belimo Energy ValveTM and the new zone valves Zone-TightTM posted above-average growth. Sales of the new fire damper actuators developed excellently as well.
Americas. Sales in the Americas market region grew by 15.4 percent, or 12.0 percent on a currency-adjusted basis. Sales in the United States and Canada developed well due to continued strength in the new construction sector. In addition, Belimo has benefitted from continued interest to invest in energy saving HVAC system upgrades in existing buildings.
Sales of water applications outpaced those of air applications, primarily driven by pressure-independent product solutions, butterfly valves and characterized control valves. Growth in the OEM customer segment was driven by sales of fire damper actuators.
Asia Pacific. Sales in the Asia Pacific market region grew by 19.1 percent, or 16.9 percent on a currency-adjusted basis. Belimo achieved encouraging contributions to growth in India, China and South-East Asia. In India, sales to global OEM customers improved. South Korea has bounced back from the slowdown experienced in the previous year as projects that have been on hold are now in progress. Sales in Australia are behind last year's results.
The main growth factor across the region were water applications, in particular pressure-independent solutions and butterfly valves.

  • Documents

  • Press release - August 3, 2016, Belimo with strong sales and income figures (pdf - 101 KB)

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