BELIMO Holding AG (BEAN.SW), a Swiss maker of actuators for controlling heating, ventilation, and air conditioning systems, on Monday recorded an increase in earnings for the first half, supported by improved sales driven by higher sales of Control Valves and Damper Actuators.
For the six-month period, the company recorded a net income of CHF 101.258 million, or CHF 8.23 per share, higher than CHF 77.179 million, or CHF 6.28 per share, in the same period last year. Earnings before interest and taxes moved up to CHF 128.091 million from the prior year's CHF 93.045 million.
Sales stood at CHF 561.511 million, up from CHF 473.533 million in the previous year. Sales of Control Valves increased to CHF 284.078 million from CHF 234.144 million in 2024. Sales of Damper Actuators improved to CHF 251.820 million from CHF 216.881 million last year.
Looking ahead, Belimo Holding, said: "In line with the expectations communicated in April, the company confirms its full-year 2025 outlook, projecting sales growth in local currencies of 15% to 20%. Based on current spot exchange rates, the EBIT margin is expected to remain above 20% for the full year."
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