Belimo Upgrades FY2025 Outlook Amid Strong Q1 Performance

Belimo Holding AG has increased its fiscal year 2025 outlook following significant growth in the first quarter. The company reported a net sales growth of 21.8% in local currencies and 23.6% in Swiss francs, reaching CHF 275.8 million. This growth was driven by strong adoption of data center technologies, particularly in the Americas.

Geopolitical changes prompted Belimo to announce price increases to counteract new tariffs. In the EMEA region, data center and RetroFIT+ projects spurred growth. Asia Pacific saw robust performance, with China and India surpassing expectations.

Looking forward, Belimo expects sales growth between 15-20% and an EBIT margin exceeding 20%. However, exchange rate fluctuations, such as a weaker USD against the CHF, could impact these forecasts. External factors remain a concern amidst the company's optimistic outlook.