Belimo: Profitable Growth with Impact
Belimo is looking back at a successful financial year: Sales in Swiss francs increased by 7.8 percent to CHF 692.7 million, corresponding to a growth of 9.2 percent when adjusted for currencies. All market regions contributed to the favorable result, especially the Americas as the main growth driver. The Group has succeeded in achieving an operating income (EBIT) of CHF 123.9 million, which equates to an EBIT margin of 17.9 percent. Net income rose with respect to the comparison period by 40.5 percent to CHF 121.1 million.
Press release - March 9, 2020, Profitable Growth with Impact