BELIMO Holding AG: Excellent Supply Chain Management Enables Belimo to Grow Top-Line Double-Digit
Hinwil, January 20, 2022, 07:00 a.m. – The year 2021 was excellent for Belimo, and double-digit top-line growth was achieved across all regions. The two long-term growth drivers – improved energy efficiency of the global building stock and enhanced indoor air quality requirements – were fuelled by pent-up demand. The resulting strong demand could be fulfilled thanks to the Group's excellent supply chain management.
All in all, Belimo increased net sales in local currencies by 16.6 percent. In Swiss francs, net sales grew by 15.7 percent to CHF 765.3 million. The positive market trends accentuated demand most prominently in Europe and the Americas. In local currencies, sales in the Europe market region rose by 15.9 percent while increasing by 18.1 percent in the Americas. In the Asia Pacific market region, Belimo posted net sales growth of 14.4 percent. Net sales growth in air applications and water applications was 15.5 and 17.9 percent, respectively, in local currencies.
> Read the complete Press Release by using the below link.