Press Releases 2018

Belimo is reporting a dynamic first half-year 2018 with double-digit sales growth of 12.7 percent, in currency-adjusted terms 10.8 percent. Sales in the first six months of the current financial year amounted to CHF 325.1 million. Operating income before interest and taxes (EBIT) rose to CHF 59.5 million (comparison period 2017 CHF 49.1 million). The EBIT margin was 18.3 percent (17.0 percent). This resulted in a net income of CHF 47.6 million (CHF 38.4 million) and earnings per share of CHF 77.40 (CHF 62.40).

At the Annual General Meeting held in Rapperswil on April 9, 2018, the shareholders of BELIMO Holding AG were informed about the results of the Belimo Group for the 2017 financial year, which were based on broad sales growth and solid profitability. The shareholders approved all motions by the Board of Directors. They agreed to a dividend distribution of CHF 85.00 per share. The dividend will be paid out on April 13, 2018. The shareholders discharged the members of the Board of Directors for their activities in the 2017 financial year.

Belimo can look back on a good financial year. Sales in Swiss francs increased by 8.7 percent to CHF 579.9 million. In currency-adjusted terms, this equals a growth of 8.2 percent. Belimo increased its expenses on research and development by CHF 6.7 million in order to improve innovative capacity while nevertheless achieving a solid operating income (EBIT) of CHF 92.6 million, corresponding to an EBIT margin of 16.0 percent. Net income rose by 11.1 percent year-on-year to CHF 77.5 million. Earnings per share were CHF 126.06.

Markus Schürch will succeed Beat Trutmann as CFO of the BELIMO Holding AG, with effect from January 1, 2019.

The Board of Directors of BELIMO Holding AG will nominate Sandra Emme for election to the previous five-member body at the upcoming Annual General Meeting.

The Belimo Group can look back on a good financial year. Sales increased significantly in all major markets. In Swiss francs, net sales rose by 8.7 percent to CHF 579.9 million. In currency-adjusted terms, this equals total growth of 8.2 percent. Adjusted for currencies, sales in the Europe market region grew by 8.1, in the Americas by 6.9 and in Asia Pacific by 13.1 percent. Air and water applications rose by 7.4 percent and 9.4 percent respectively in local currencies.