Belimo with solid growth
Hinwil, August 3, 2017, 7:00 a.m. - In the first half-year 2017, the Belimo Group increased its sales by 5.3 percent to CHF 288.5 million, adjusted for currencies by 5.6 percent. Operating income before interest and taxes (EBIT) amounted to CHF 49.1 million in the first half-year 2017, which equates to an operating margin of 17.0 percent (comparison period 2016 17.1 percent). Net income amounted to CHF 38.4 million (CHF 37.8 million).
On the whole, sales are expected to further develop positively in the second half-year 2017. The goal of Belimo remains sustainable market development, so that it can focus on raising comfort, energy efficiency and safety in buildings.
> Read the complete press release by using below link.