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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  BELIMO Holding AG    BEAN   CH0001503199

BELIMO HOLDING AG

(BEAN)
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End-of-day quote. End-of-day quote Swiss Exchange - 07/08
6780 CHF   -0.44%
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Belimo Holding AG: Belimo to Nominate Stefan Ranstrand for Election to the Board of Directors

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02/20/2020 | 01:10am EDT

EQS Group-Ad-hoc: Belimo Holding AG / Key word(s): Personnel
Belimo Holding AG: Belimo to Nominate Stefan Ranstrand for Election to the Board of Directors

20-Feb-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.


Hinwil (Switzerland), EMBARGOED UNTIL February 20, 2020, 7.00 a.m. CET Press Release of the Belimo Group

Belimo to Nominate Stefan Ranstrand for Election to the Board of Directors

The Board of Directors of BELIMO Holding AG will nominate Stefan Ranstrand for election to the previous five-member body at the upcoming Annual General Meeting.

As part of its long-term succession planning, the Board of Directors has decided to nominate Stefan Ranstrand as a new Member.

Stefan Ranstrand holds a Master of Science degree in Industrial and Management Engineering, which he received from the University of Technology Darmstadt (Germany), and the University Linköping (Sweden). He is President and CEO of Tomra Systems ASA, Asker (Norway), which is specialised in recycling solutions. Prior to that, Stefan Ranstrand has been working in various executive positions for ABB Ltd. in China, Japan, Malaysia, Switzerland and the Czech Republic.

The Board of Directors is convinced that Stefan Ranstrand is a very suitable candidate for recommendation to the Annual General Meeting. Thanks to his successful track record as CEO of a globally active and listed industrial company, his expertise in Asia Pacific as well as his personality matching the culture of the Company he will ideally complement the Board of Directors of Belimo.

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 approximately 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).

 

Contact Lars van der Haegen, CEO +41 43 843 62 08
Agenda Publication of Annual Report 2019 /
Media and Financial Analysts Conference
 
  March 9, 2020
  Annual General Meeting 2020 March 30, 2020
 

 

BELIMO Holding AG
Brunnenbachstrasse 1
8340 Hinwil Switzerland
Tel. +41 43 843 61 11

Fax +41 43 843 62 41
ir@belimo.ch www.belimo.com



End of ad hoc announcement
Language: English
Company: Belimo Holding AG
Brunnenbachstrasse 1
8340 Hinwil
Switzerland
Phone: +41 43 843 63 80
Fax: +41 43 843 62 41
E-mail: ir@belimo.ch
Internet: www.belimo.com
ISIN: CH0001503199
Listed: SIX Swiss Exchange
EQS News ID: 957819

 
End of Announcement EQS Group News Service

957819  20-Feb-2020 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=957819&application_name=news&site_id=zonebourse

© EQS 2020
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Sales 2020 700 M 743 M 743 M
Net income 2020 101 M 107 M 107 M
Net cash 2020 166 M 177 M 177 M
P/E ratio 2020 42,3x
Yield 2020 1,93%
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EV / Sales 2020 5,75x
Nbr of Employees 1 789
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Technical analysis trends BELIMO HOLDING AG
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TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 7
Average target price 6 038,33 CHF
Last Close Price 6 810,00 CHF
Spread / Highest target 13,8%
Spread / Average Target -11,3%
Spread / Lowest Target -24,4%
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NameTitle
Lars van der Haegen Chief Executive Officer
Patrick Burkhalter Chairman
Markus Peter Schurch Chief Financial Officer
Martin Zwyssig Deputy Chairman
Adrian Altenburger Independent Non-Executive Director
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