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