Energy

Belimo Building Controls Business & 2024 Financials Examined

In this Research Note, we examine the 2024 financial results of Belimo Group, a leading player in the building control products sector. This article is based on their sales development investor presentation of 20th January 2025. Belimo Holding AG, a listed company on the Swiss Stock Exchange, is headquartered in Hinwil, Switzerland with over 2,400 employees. The group is a global supplier of field devices for the energy-efficient control of HVAC systems. Their core business is the manufacture of damper actuators, control valves, sensors, and meters. Belimo 2024 Financial Highlights In 2024, Belimo Group net sales grew 13.1% in local currencies and 9.9% in Swiss francs to CHF 943.9 million. Belimo Sales Development Investor Presentation, 20th January 2025 Americas Market The Americas market region achieved net sales growth of 19.8% in local currencies. This success builds on previous years during which Belimo Americas gained significant market share and solidified its reputation as a key partner […]

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