BELIMO Holding AG: Innovative product line help...

BELIMO Holding AG / BELIMO Holding AG: Innovative product line helps boost sales . Processed and transmitted by Thomson Reuters ONE. The issuer is solely responsible for the content of this announcement.

Press release from the Belimo Group -Hinwil, February 14, 2013, 7:00 a.m.

The Belimo Group is a global leader in the field of actuator solutions for controlling heating, ventilation and air-conditioning systems. The company posted a solid 2012 despite the difficult market environment. Sales developed well thanks to the multifaceted and innovative product line, although the growth in sales varied by region.

In Swiss francs, net sales grew by 6.9 percent to CHF 444.6 million. Adjusted for currency effects, total growth amounted to 5.4 percent. Growth was 5.7 percent in Europe, 5.9 percent in the Americas, and 1.7 percent in Asia/Pacific. The air and water applications business grew by 4.0 percent and 7.5 percent respectively.

On the basis of preliminary numbers, the Belimo Group expects its operating income (EBIT) to be around CHF 76 million (first half 2012 CHF 36.0 million, previous year CHF 67.8 million). Net income also moved higher and is expected to be CHF 61 million (first half 2012 CHF 29.6 million, previous year CHF 51.6 million).

Detailed information on the 2012 financial year will be announced at the media information session on Monday, March 11, 2013.

The Belimo Group is a leading global manufacturer of innovative electrical actuator solutions for heating, ventilation and air-conditioning systems. The Group generated sales of CHF 445 million in 2012 and employs close to 1,300 people. Information about the company and its products is available on the Internet at www.belimo.com/investorrelations.

The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN).

 

Contact	Beat Trutmann, CFO	Phone [phone]
Agenda	Media information session/
	Publication of 2012 Annual Report	March 11, 2013
	Annual General Meeting 2013	April 8, 2013
	Semiannual Report 2013	August 6, 2013

Press release (PDF)

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Source: BELIMO Holding AG via Thomson Reuters ONE

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