Belimo: Excellent financial year 2010

BELIMO Holding AG / Belimo: Excellent financial year 2010 Processed and transmitted by Thomson Reuters. The issuer is solely responsible for the content of this announcement. Hinwil, January 26, 2011, 7 a.m. Press release from the Belimo Group The Belimo Group, global leader in the field of actuator solutions for heating, ventilation and air conditioning systems, can look back on a good business year in 2010. The European markets recovered quickly from the downturn in 2009, and in the Americas, expectations were exceeded. Growth in Asia/Pacific was once again significantly higher than the previous year. Sales rose by 10.5 percent in 2010 to CHF 426 million. Adjusted for currencies, this is equivalent to a growth of 14.7 percent. Growth in Europe was 15.4 percent, in the Americas 11.5 percent and in Asia/Pacific 23.4 percent. Air and water applications grew by 13.8 percent and 16.2 percent respectively. The Belimo Group expects a very good operating result (EBIT) and a solid profit despite negative currency effects. Detailed information on the 2010 financial year will be announced at the media information session on March 14, 2011. The Belimo Group is a leading global manufacturer of innovative electrical actuator solutions for heating, ventilation and air-conditioning systems. The Group achieved sales of CHF 426 million in 2010 and employs more than 1100 people. For information on the company and its products, visit www.belimo.com/investorrelations. The shares of BELIMO Holding AG have been traded on the SIX Swiss Exchange since 1995 (BEAN). Contact Beat Trutmann, CFO Phone +41 (0)43 843 62 65 Key dates Media information session March 14, 2011   Annual General Meeting April 4, 2011 The press release can be downloaded from the following link: --- End of Message --- BELIMO Holding AG Brunnenbachstrasse 1 Hinwil ISIN: CH0001503199; Press release (PDF): http://hugin.info/100133/R/1482125/417359.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: BELIMO Holding AG via Thomson Reuters ONE [HUG#1482125]
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