Continued strong growth for Belimo in second ha...
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Hinwil, January 29, 2009, 7:00 a.m.
Press release from the Belimo Group
The Belimo Group, global leader in the field of electrical actuators
and valves for heating, ventilation and air conditioning systems, can
look back on a highly successful year in 2008. Despite the well-known
economic uncertainties and deterioration in the construction industry
in some countries, steady growth was achieved in all three market
regions in the third and fourth quarter.
In Swiss francs, net sales for 2008 rose by 8.6 percent to around CHF
404 million. This corresponds in local currencies to an increase of
14.7 percent, with Europe contributing 18.0 percent, the Americas 8.9
percent and Asia/Pacific 19.8 percent to the growth. The air and
water applications rose by 12.5 and 19.1 percent respectively in
local currencies.
The Belimo Group expects again a healthy operating income (EBIT). Net
income will remain on prior year level affected negatively by the
exchange rate development. Detailed information on this and the 2008
reporting period as a whole will be published on March 16, 2009, at
the year-end media information session.
The Belimo Group is a leading global manufacturer of innovative
electrical actuator solutions in heating, ventilation and air
conditioning systems. The Group achieved sales of CHF 404 million in
2008 and employs more than 1100 people. Information regarding the
Company and its products is available on the internet at
www.belimo.com.
The shares of BELIMO Holding AG have been traded on the SIX Swiss
Exchange since 1995 (BEAN).
Contact Beat Trutmann, CFO Tel. +41 (0)43 843 62
65
Agenda Year-end media information March 16, 2009
session
General Meeting April 27, 2009
The press release can be downloaded from the following link:
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BELIMO Holding AG
Brunnenbachstrasse 1 Hinwil
WKN: 897962; ISIN:
CH0001503199; Index: SPI, SPIEX, SSCI;
Listed: Main Market in SIX Swiss Exchange;
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