Belimo Holding AG: Belimo Reports Steady Sales in Local Currencies
EQS Group-Ad-hoc: Belimo Holding AG / Key word(s): Development of Sales Hinwil (Switzerland), EMBARGOED UNTIL January 21, 2021, 7.00 a.m. CET Press Release of the Belimo Group Belimo Reports Steady Sales in Local Currencies The Belimo Group defied the impact of the COVID-19 pandemic in 2020 and maintained steady net sales in local currencies (+/- 0.0 percent). In Swiss francs, net sales declined by -4.5 percent, to CHF 661.2 million. In local currencies, sales in the Europe market region increased by +1.8 percent, while declining by -1.8 percent in the Americas and by -1.1 percent in Asia Pacific. Net sales in air applications (+/- 0.0 percent) and water applications (-0.1 percent) remained unchanged in terms of local currencies.
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 661 million in 2020 and has around 1,900 employees. Information about the Company and its products is available on the internet at www.belimo.com.
End of ad hoc announcement |
Language: | English |
Company: | Belimo Holding AG |
Brunnenbachstrasse 1 | |
8340 Hinwil | |
Switzerland | |
Phone: | +41 43 843 63 80 |
Fax: | +41 43 843 62 41 |
E-mail: | ir@belimo.ch |
Internet: | www.belimo.com |
ISIN: | CH0001503199 |
Listed: | SIX Swiss Exchange |
EQS News ID: | 1162091 |
End of Announcement | EQS Group News Service |
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1162091 21-Jan-2021 CET/CEST