Ad hoc Announcement of the Belimo Group: Building Momentum
Hinwil (Switzerland), February 24, 2025, 06:00 a.m. CEST - Belimo achieved strong results, consistently executing its growth strategy and leveraging opportunities in data centers and building renovation.
In 2024, Belimo achieved net sales growth of 13.1% in local currencies and 9.9% in Swiss francs, a new record of CHF 943.9 million. Earnings before interest and taxes (EBIT) amounted to CHF 181.1 million, with the EBIT margin increasing to 19.2%. Net income rose to CHF 146.7 million, and free cash flow (w/o term deposits) reached CHF 132.8 million.
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Press Release - February 24, 2025, Building Momentum
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