Belimo successfully drives growth strategy

BELIMO Holding AG / Belimo successfully drives growth strategy . Processed and transmitted by West Corporation. The issuer is solely responsible for the content of this announcement.

The Belimo Group continued its successful growth path and further strengthened its market position. Sales grew significantly in all market regions.

In Swiss francs, net sales rose by 10.8 percent to CHF 642.4 million. In currency-adjusted terms, this equals to an overall growth of 9.6 percent. Adjusted for currencies, sales in the Europe market region grew by 9.5, in the Americas by 8.4 and in Asia Pacific by 13.8 percent. Air and water applications increased by 9.4 percent and 9.8 percent respectively in local currencies.

Net sales by market regions

in CHF 1,000	2018	%	Growth  in local currencies in %	2017	%
Europe	317,200	49	9.5	280,834	48
Americas	242,885	38	8.4	226,460	39
Asia Pacific	82,283	13	13.8	72,559	13
Group	642,368	100	9.6	579,853	100

Net sales by applications

in CHF 1,000	2018	%	Growth  in local currencies in %	2017	%
Air	365,442	57	9.4	329,602	57
Water	276,926	43	9.8	250,251	43
Total	642,368	100	9.6	579,853	100

Detailed information about the reporting year 2018 will be disclosed at the Media and Financial Analysts Conference on March 11, 2019.