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Hinwil, March 7, 2022, 07:00 a.m. – Belimo has achieved double-digit top-line growth and expanded margins in a recovering market, despite a challenging supply chain situation.

The year 2021 has been exceptional for Belimo. Supported by a strong market recovery and with customer confidence back across all regions, the Group was able to maintain the growth momentum of the first half-year.

Belimo was well-positioned to benefit from pent-up demand and governmental stimulus on strengthened fundamental drivers such as measures for improved energy efficiency and enhanced indoor air quality in buildings. Despite the global supply-chain shortages, Belimo could once more prove its operational excellence by achieving a strong on-time delivery performance under difficult circumstances. Sophisticated inventory management and the flexibility of our employees and suppliers were vital factors that helped convert the additional demand into sales. In local currencies, net sales growth of 16.6 percent was posted compared with the previous year. In Swiss francs, net sales rose by 15.7 percent, to CHF 765.3 million.

> Read the complete Press Release by using the below link.