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BELIMO HOLDING AG EQS-Adhoc: Belimo Holding AG: Belimo Reports Steady Sales in Local Currencies

Transparency directive : regulatory news

21/01/2021 07:00

EQS Group-Ad-hoc: Belimo Holding AG / Key word(s): Development of Sales
Belimo Holding AG: Belimo Reports Steady Sales in Local Currencies

21-Jan-2021 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.


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).

Link to the definitions of Alternative Performance Measures: www.belimo.com/financial-summary
 
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
 

 



End of ad hoc announcement
Language: English
Company: Belimo Holding AG
Brunnenbachstrasse 1
8340 Hinwil
Switzerland
Phone: +41 43 843 63 80
Fax: +41 43 843 62 41
E-mail: ir@belimo.ch
Internet: www.belimo.com
ISIN: CH0001503199
Listed: SIX Swiss Exchange
EQS News ID: 1162091

 
End of Announcement EQS Group News Service

1162091  21-Jan-2021 CET/CEST

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