Belimo, a listed company on the Swiss Stock Exchange, hosted its Capital Markets Day 2024 on 4th September 2024. This Research Note focuses on the building automation device manufacturer’s perspective on its growth targets. This is an update to our previous coverage of Belimo’s growth strategy and our latest Examined article. At Capital Market Day (CMD) 2024, CEO Lars van der Haegen and CFO Markus Schürch announced a new Data Centers strategic initiative, which addresses opportunities driven by recent developments in data center cooling and AI, and provided an update on the RetroFIT+ initiative, aimed at unlocking renovation potential of existing buildings. Data Centers Strategic Growth Initiative Belimo Capital Markets Day Presentation, 4th September 2024 The Group’s long-term growth strategy consists of six initiatives to increase customer value and advance solution leadership. The Data Centers vertical market has been added to replace Digital Customer Experience. Belimo’s strategy for data centers focuses on addressing the increasing […]
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