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BELIMO Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 TU earnings summary19 Jan, 2026
Executive summary
Achieved 23.3% year-over-year sales growth in local currencies in 2025, reaching CHF 1,121 million, driven by strong performance in data centers, traditional HVAC, and renovation initiatives like RetroFIT+.
Growth was broad-based across all geographies and business lines, supported by agile business model, capacity expansion, and new product launches.
Navigated geopolitical and economic challenges, including tariffs and currency fluctuations, by sharing impacts with customers and maintaining delivery commitments.
Invested in digital product generation, data center organization, and APAC market expansion.
SBTi climate targets validated, aiming for significant emissions reductions by 2030 and 2050.
Financial highlights
Net sales increased to CHF 1,121 million in 2025, up 23.3% in local currencies and 18.7% in CHF year-over-year.
Volume/mix accounted for 19.5% of growth, price for 3.6%, with higher price impact in H2 due to U.S. tariff-related increases.
Negative FX impact of 4.5% due to weaker USD and EUR against CHF.
CAGR of 10.3% over the past 20 years and 12.5% in local currencies from 2020 to 2024.
Data center revenue reached CHF 190 million, about 17% of total sales.
Outlook and guidance
Data center business and digitalization expected to continue supporting growth in 2026.
Further deployments and capacity additions anticipated, especially on the server side.
Full year outlook to be published in February; forward-looking statements subject to economic, currency, and competitive risks.
On track with capacity expansion and SBTi-validated climate targets.
Data center growth drivers and sustainability
RetroFIT+ initiative's market impact
Control Valves: drivers of outperformance
How to defend dominant liquid cooling share?
Quantify new digital platform's margin impact
Data center tech differences: China vs. US?
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Next BELIMO earnings date
H2 202523 Feb, 2026
BELIMO
Next BELIMO earnings date
H2 202523 Feb, 2026
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Frequently asked questions
BELIMO Holding AG is a Swiss company specializing in the development and production of actuators, valves, and sensors for heating, ventilation, and air conditioning (HVAC) systems. The company's products are used to control the flow of air and water in buildings, contributing to efficient energy use and climate control. BELIMO serves a variety of sectors, including commercial buildings, residential properties, and industrial facilities, offering solutions that enhance indoor air quality, energy efficiency, and system reliability. The company is headquartered in Hinwil, Switzerland, and its shares are listed on the SIX.
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