PRESS RELEASE: Belimo: Pleasing business performance in a difficult environment

PRESS RELEASE: Belimo: Pleasing business performance in a difficult environment

BELIMO Holding AG / Belimo: Pleasing business performance in a difficult environment processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. 

Hinwil, February 5, 2010, 7:00 a.m.
Press release from the Belimo Group 

The Belimo Group, global leader in actuator solutions for regulating and
controlling heating, ventilation and air conditioning systems, can look back on
a solid performance in the financial year 2009.Group sales fell just short of
the previous year's due to a contraction in some markets and weaker foreign
currencies. The most seriously affected were individual European countries and
application areas. The growth achieved in the Americas is a positive sign in the
current market environment, and Asia/Pacific also continued its upward trend. 

In Swiss francs, net sales fell by 4.4 percent to around CHF 386 million, a
decline of 1.5 percent in local currencies.While Europe was down by 5.2 percent,
the Americas gained 1.8 percent and Asia/Pacific 12.7 percent. Air and water
applications posted changes of -6.0 and +7.2 percent respectively in local
currencies. 

The Belimo Group expects once again good operating results (EBIT) and also an
increase in net income over last year amongst others due to more stable foreign
currency trends.Detailed information on 2009 as a whole will be announced at the
media information session on March 8, 2010. 

The Belimo Group is a leading global manufacturer of innovative actuator
solutions for heating, ventilation and air-conditioning systems. The Group
achieved sales of CHF 386 million in 2009 and employs more than 1100 people. For
information on the company and its products, visit
www.belimo.com/english/investor/glance.cfm
<http://www.belimo.com/english/investor/glance.cfm>. 

The shares of BELIMO Holding AG have been traded on SIX Swiss Exchange since
1995 (BEAN). 

  Contact   Beat Trutmann, CFO          Phone +41 (0)43 843 62 65 

  Agenda    Media information session   March 8, 2010 

            General Meeting             March 29, 2010 

The press release can be downloaded from the following link: 

[HUG#1380975] 

 — End of Message — 

BELIMO Holding AG
Brunnenbachstrasse 1 Hinwil null 

WKN: 897962;ISIN: CH0001503199; 

    Press release (PDF): http://hugin.info/100133/R/1380975/340412.pdf 

http://www.belimo.com 

(END) Dow Jones Newswires

February 05, 2010 01:03 ET (06:03 GMT)