Hinwil, March 8, 2021, 07:00 a.m. - Belimo performed well in a highly uncertain environment and a contracting HVAC market. The Group managed to maintain sales in local currencies and expand market shares across regions.

An overall shrinking and volatile market, globally stressed supply chains and the implementation of strict hygiene measures called for everyone's utmost effort at Belimo in 2020. Given these challenges, Belimo performed well. The Company maintained steady sales in local currencies (+/- 0.0 percent) despite a contracting Heating-, Ventilation and Air Conditioning (HVAC) market due to shut construction sites and restricted access to buildings.

> Read the complete Press Release by using the below link.

  • Press Release - March 8, 2021, Maintaining Long-Term Focus in Challenging 2020 (pdf - 134 KB)

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Belimo Holding AG published this content on 08 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2021 06:08:07 UTC.