The Belimo Group can look back on a good financial year. Sales increased significantly in all major markets.
In Swiss francs, net sales rose by 8.7 percent to CHF 579.9 million. In currency-adjusted terms, this equals total growth of 8.2 percent. Adjusted for currencies, sales in the Europe market region grew by 8.1, in the Americas by 6.9 and in Asia Pacific by 13.1 percent. Air and water applications rose by 7.4 percent and 9.4 percent respectively in local currencies.
Net sales by market regions
| in CHF 1,000 | 2017 | % | Growth in local currencies in % | 2016 | % |
| Europe | 280,834 | 48 | 8.1 | 259,175 | 49 |
| Americas | 226,460 | 39 | 6.9 | 209,957 | 39 |
| Asia Pacific | 72,559 | 13 | 13.1 | 64,518 | 12 |
| Group | 579,853 | 100 | 8.2 | 533,650 | 100 |
Net sales by applications
| in CHF 1,000 | 2017 | % | Growth in local currencies in % | 2016 | % |
| Air | 329,602 | 57 | 7.4 | 305,911 | 57 |
| Water | 250,251 | 43 | 9.4 | 227,739 | 43 |
| Total | 579,853 | 100 | 8.2 | 533,650 | 100 |
Detailed information about the 2017 year under review will be disclosed at the Media and Financial Analysts Conference on March 12, 2018.
The Belimo Group is a leading global manufacturer of innovative electrical actuator, valve, and sensor solutions for heating, ventilation, and air conditioning systems. The Company reported sales of CHF 580 million in 2017 and has around 1,600 employees. 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 | Tel. +41 43 843 62 65 |
| Agenda | Publication of Annual Report 2017/ | |
| Media and Financial Analysts Conference | March 12, 2018 | |
| Annual General Meeting 2018 | April 9, 2018 |
The press release can be downloaded from the following link:
