Belimo Reports Strong Financial Performance in 2024

Belimo Holding AG announced solid financial results for 2024, marking a new sales milestone of CHF 943.9 million, a 13.1% growth in local currencies. The company's EBIT rose to CHF 181.1 million, with a margin increase to 19.2%. Net income grew to CHF 146.7 million, highlighting effective strategy and strong market performance.

The company's strategic focus on data centers and building renovations significantly contributed to growth. Key markets like the Americas and Asia Pacific saw remarkable sales boosts, with the Americas achieving growth of 19.8% in local currencies. Asia Pacific experienced substantial performance, fueled by gains in India and China.

Belimo's commitment to sustainability was reinforced by subscribing to the Science Based Targets initiative and obtaining a AAA ESG rating from MSCI. As part of future expansion, new products and strategic initiatives like Data Centers and RetroFIT+ were launched.