2020

23.01.2020 – BELIMO Holding AG

Belimo Holding AG: Belimo Delivers Excellent Sales Performance in 2019

Belimo Holding AG / Key word(s): Development of Sales
Belimo Holding AG: Belimo Delivers Excellent Sales Performance in 2019

23-Jan-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Hinwil (Switzerland), EMBARGOED UNTIL January 23, 2020, 7.00 a.m. CET

Press Release of the Belimo Group

Belimo Delivers Excellent Sales Performance in 2019

The Belimo Group has closed another very successful year. In Swiss francs,
net sales in 2019 rose by 7.8 percent to CHF 692.7 million. In
currency-adjusted terms, this equals a 9.2 percent growth.

Sales grew in all market regions. Adjusted for currencies, sales in the
Europe market region rose by 6.8, in the Americas by 11.0 and in Asia
Pacific by 12.7 percent. Air and water applications increased by 7.1 percent
and 11.9 percent respectively in local currencies.

On top of recording excellent sales growth, Belimo celebrates the shipment
of its 100 millionth actuator in January 2020 as yet another important
milestone in the history of the Company.

Net sales by market regions

    in CHF 1,000     2019    %      Growth     2018    %
                                  in local
                                currencies
                                      in %
    Europe        328,777   48         6.8  317,200   49
    Americas      272,849   39        11.0  242,885   38
    Asia Pacific   91,054   13        12.7   82,283   13
    Group         692,680  100         9.2  642,368  100

Net sales by applications

    in CHF 1,000     2019    %      Growth     2018    %
                                  in local
                                currencies
                                      in %
    Air           385,480   56         7.1  365,442   57
    Water         307,200   44        11.9  276,926   43
    Total         692,680  100         9.2  642,368  100
Nonrecurring tax effect with no impact on cash flow
The transitional provisions of the Swiss tax reform applied by Belimo will
have a material, positive effect on the
net income in the consolidated financial statements 2019, prepared in
accordance with IFRS, without impacting the cash flow. Detailed information
about the reporting year 2019 will be disclosed at the Media and Financial
Analysts Conference on March 9, 2020.

The Belimo Group is a leading global manufacturer of innovative electrical
actuator, valve, and sensor solutions for heating, ventilation, and air
conditioning systems. The Company reported sales of CHF 693 million in 2019
and has around 1,900 employees. Information about the Company and its
products is available on the internet at www.belimo.com.

The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange
since 1995 (BEAN).

     Link to the definitions of Alternative Performance Measures:
     [1]www.belimo.com/financial-summary  1.
     http://www.belimo.com/financial-summary
   Contact      Dr. Markus Schürch, CFO                        +41 43 843 65 01
   Agenda       Publication of Annual Report 2019 /            March 9, 2020
                Media and Financial Analysts Conference
                Annual General Meeting 2020                    March 30, 2020


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End of ad hoc announcement

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