Belimo with Strong Results in a Demanding Environment
Hinwil, March 6, 2023, 06:00 a.m. - With double digit organic sales growth and stable operational results, 2022 was very successful for Belimo. Supply chain excellence was the most critical factor in mastering the year.
In a highly volatile economic environment, Belimo posted excellent results. Multiple events such as supply chain disruptions, inflation, and the war in Ukraine reaffirmed the robust business model. Maintaining supply availability and superior lead times were the main success factors. The proximity to its customers and suppliers, along with increased stock levels, were vital to maintaining product availability throughout the year. The Group’s net sales increased by 11.9% in local currencies. In Swiss francs, net sales grew by 10.7% to CHF 846.9 million (2021: CHF 765.3 million).
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