Energy

Bemsiq Building Automation Business & 2023 Financials Examined

In this Research Note, we examine the Bemsiq AB business, based on their 2023 financials, investor presentations, annual report of their parent company and the development of their buy and build strategy. For a detailed review of their building automation brands, see our previous article in September 2023. Bemsiq, with headquarters in Gothenburg, Sweden, consists of a group of 7 companies and 519 employees providing building automation field devices including HVAC sensors, transmitters, and room controllers (78% of 2022 revenues) and energy metering products, including gateways, communication modules and IoT sensors. The group is a separate business area within Investment AB Latour, the listed Swedish mixed investment group. Bemsiq 2023 Financials Bemsiq reported 2023 revenues of SEK 1,583 million (around USD $151 million), a 7.3% increase in organic growth versus the prior year, and an operating margin of 23.1%. Latour Group 2023 Results Presentation, 12 February 2024 Eelectron Spa Acquisition On 15th January 2024, Investment […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now from just $400 per year per user for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 2000 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Most Popular Articles

Neeve Smart Buildings 2025
Smart Buildings

Neeve’s Edge-Cloud Platform: Key Metrics & Growth 2025

This Research Note examines Neeve, the US startup offering an edge-cloud platform designed to enhance smart building operations by integrating operational technology (OT) systems into secure, connected environments. We highlight its founding as IoTium, before exploring its current offering, deployments, funding and partners, concluding with our view of the business. Neeve Profile Founded in 2015 […]

Complimentary Article video surveillance market research 2025
Security

Video Surveillance Market 2025: Ongoing Shift towards Software Drives Growth

The video surveillance industry is undergoing its most significant transformation since the shift from analog to digital. What was once primarily a reactive security tool, cameras recording footage for post-incident review, is evolving into a proactive intelligence infrastructure. The traditional model of video surveillance centered on cameras, on-premise storage and software. That era is coming […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.