Switzerland · Delayed Price · Currency is CHF BELIMO Holding AG Earnings Call Transcripts
Fiscal Year 2025
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Record sales and EBIT growth in 2025, driven by strong data center and retrofit demand, with Americas leading regional performance. Outlook for 2026 is mid-teens sales growth and EBIT margin above 20%, but risks remain from tariffs and FX volatility.
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Sales grew 23.3% in local currency, driven by strong data center and HVAC demand, with all regions and business lines achieving double-digit growth. Tariffs and FX posed challenges, but capacity expansions and digital product launches supported resilience and future growth.
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Net sales grew 21% in local currency to CHF 562 million, with EBIT margin at 22.8% and strong contributions from all regions, especially the Americas and data center business. Upgraded 2025 guidance projects 15%-20% sales growth and EBIT margin above 20%, with ongoing capacity expansion and key risks from FX and geopolitics.
Fiscal Year 2024
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Sales grew 13.1% in local currency, with EBIT margin rising to 19.2% and net income up 7.2%. Strong growth in the Americas and data centers offset EMEA challenges, while elevated CapEx supports ongoing expansion. Outlook for 2025 is positive, with continued focus on digitalization and sustainability.
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Sales grew 13.1% in local currency to CHF 943.9 million, led by strong Americas and data center demand. Capacity expansions, digital innovation, and sustainability initiatives supported growth, while stable pricing and favorable mix effects are expected to continue.