Financial Results
Airthings Indoor Air Quality Business & 2024 Financials Examined
February 17th, 2025Honeywell Spinoff of Building & Industrial Automation Businesses into New Public Company
February 7th, 2025
ABB Electrification Business & 2024 Financials Explored
In this Research Note, we examine ABB’s Electrification business and its 2024 financial results announced on 30th January 2025, specifically in relation to commercial buildings and data center end markets. We also highlight acquisitions and investments made by the business throughout 2024. ABB Electrification Divisions The Electrification business is split into 5 divisions, which provide […]
Signify’s Lighting Business & 2024 Financials Examined
In this Research Note, we examine the lighting business of Signify, based on their 2024 annual results announced on 24th January 2025 including the revised organization of four verticalized businesses, implemented in April 2024 and their guidance for 2025. Signify, headquartered in Eindhoven, the Netherlands, is the global vendor of conventional lighting, LED, and connected […]
Shelly Group Smart Building Business & 2024 Financials Examined
In this research note, we examine Shelly Group SE, a public company that provides IoT and smart building solutions based in Bulgaria. This article reviews their product portfolio, a Capital Markets Day presentation of 5th November 2024, preliminary 2024 financial highlights of 9th January 2025, and guidance for 2026. Shelly Group Profile Shelly Group AD is […]
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 […]
Kieback&Peter Building Automation Business & Financials Examined
In this Research Note, we examine Kieback&Peter, one of the long-established German manufacturers and systems integrators of building automation solutions and services. This analysis is based on last month’s publication of their annual company accounts. We also highlight their recent product launches, the planned new headquarters, and a 2025 acquisition. Kieback&Peter GmbH & Co. KG […]
Siemens Smart Infrastructure Capital Market Event: Key Takeaways for Smart Buildings
This Research Note reviews in detail Siemens Smart Infrastructure (SI) and the Buildings business presented at the Smart Infrastructure Capital Market Event in Zug, Switzerland on 12th December 2024. This event featured presentations and Q&A from the SI CEO, CFO and the Heads of the 3 business areas, including Susanne Seitz, the newly appointed CEO […]
Wagner Fire Protection Business & 2024 Financials Examined
In this Research Note, we examine Wagner Group GmbH, the German fire protection solutions provider, based on their 2023/2024 results, and the group’s recent expansion strategy. This updates our previous coverage of Wagner Fire from October 2023. Wagner Fire Product Portfolio & Target Markets The group, headquartered in Langenhagen, Germany is one of the technology […]
Siemens Buildings Business & FY 2024 Financials Examined
In this Research Note, we examine the buildings business of Siemens, which operates within the Smart Infrastructure (SI) division, based on their Q4 earnings release and investor presentations of 14th November 2024. This article focuses on the latest financial results, divisional revenue mix, senior management appointments, and acquisitions. Siemens Smart Infrastructure Q4 FY 2024 Financials […]
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