Belimo Holding AG Reports Strong 2024 Sales Growth

Belimo Holding AG has announced a significant increase in net sales for 2024, validating its long-term growth strategy. The company's revenue rose by 13.1% in local currencies and 9.9% in Swiss francs, reaching CHF 943.9 million. This performance underscores Belimo's strategic focus on data centers and the renovation market.

The Americas region drove substantial growth, with net sales increasing by 19.8% in local currencies. This region now contributes the most to Belimo’s revenue, bolstered by partnerships in emerging cooling solutions for data centers.

The EMEA and Asia Pacific regions also showed positive growth, with net sales rising 5.9% and 14.6%, respectively, in local currencies. The Asia Pacific region’s robust performance was particularly notable in India and China.

In terms of business lines, Belimo saw strong gains in control valves and sensors, with increases of 15.4% and 25.0% in local currencies, respectively. The company continues to cement its position as a leader in HVAC control solutions.