January 26, 2011 | by BELIMO Holding AG
|
Reading time: 1 minute
January 26, 2011, The Belimo Group, global leader in the field of actuator solutions for heating, ventilation and air conditioning systems, can look back on a good business year in 2010. The European markets recovered quickly from the downturn in 2009, and in the Americas, expectations were exceeded. Growth in Asia/Pacific was once again significantly higher than the previous year.
Sales rose by 10.5 percent in 2010 to CHF 426 million. Adjusted for currencies, this is equivalent to a growth of 14.7 percent. Growth in Europe was 15.4 percent, in the Americas 11.5 percent and in Asia/Pacific 23.4 percent. Air and water applications grew by 13.8 percent and 16.2 percent respectively.
The Belimo Group expects a very good operating result (EBIT) and a solid profit despite negative currency effects. Detailed information on the 2010 financial year will be announced at the media information session on March 14, 2011.
Contact
BELIMO Holding AG Brunnenbachstrasse 1 CH-8340 Hinwil Switzerland T.: +41 (0)43 843 61 11 F.: +41 (0)43 843 62 68 E.: ir@belimo.ch
Beat Trutmann, CFO T.: +41 (0)43 843 62 65
Editor's note: Image rights belong to the respective publisher.
Conclusion of this article: « BELIMO Holding AG: Excellent financial year 2010 »
Source: BELIMO Holding AG, Press release