Belimo: Pleasing business performance in a diff...

BELIMO Holding AG / Belimo: Pleasing business performance in a difficult environment processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. Hinwil, February 5, 2010, 7:00 a.m. Press release from the Belimo Group The Belimo Group, global leader in actuator solutions for regulating and controlling heating, ventilation and air conditioning systems, can look back on a solid performance in the financial year 2009.Group sales fell just short of the previous year's due to a contraction in some markets and weaker foreign currencies. The most seriously affected were individual European countries and application areas. The growth achieved in the Americas is a positive sign in the current market environment, and Asia/Pacific also continued its upward trend. In Swiss francs, net sales fell by 4.4 percent to around CHF 386 million, a decline of 1.5 percent in local currencies.While Europe was down by 5.2 percent, the Americas gained 1.8 percent and Asia/Pacific 12.7 percent. Air and water applications posted changes of -6.0 and +7.2 percent respectively in local currencies. The Belimo Group expects once again good operating results (EBIT) and also an increase in net income over last year amongst others due to more stable foreign currency trends.Detailed information on 2009 as a whole will be announced at the media information session on March 8, 2010. The Belimo Group is a leading global manufacturer of innovative actuator solutions for heating, ventilation and air-conditioning systems. The Group achieved sales of CHF 386 million in 2009 and employs more than 1100 people. For information on the company and its products, visit www.belimo.com/english/investor/glance.cfm < http://www.belimo.com/english/investor/glance.cfm>. The shares of BELIMO Holding AG have been traded on SIX Swiss Exchange since 1995 (BEAN). Contact Beat Trutmann, CFO Phone +41 (0)43 843 62 65 Agenda Media information session March 8, 2010 General Meeting March 29, 2010 The press release can be downloaded from the following link: [HUG#1380975] --- End of Message --- BELIMO Holding AG Brunnenbachstrasse 1 Hinwil null WKN: 897962;ISIN: CH0001503199; Press release (PDF): http://hugin.info/100133/R/1380975/340412.pdf
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