Belimo Holding Ag · SIX:BEAN
Belimo — FY2025 Earnings Presentation
13 slides from Belimo's earnings presentation, Jan 19, 2026
Slide 1: 2025 Sales Development
2025 Sales Development 19 January 2026 1/13
Slide 2: Agenda
Agenda 1 Business Highlights 2 Sales Overview 2025 3 Sales by Region and Business Line 4 Q&A 2/13
Slide 3: Business highlights 2025
Business highlights 2025 Belimo leveraged agile pureplay set-up in dynamic end markets Data Center Growth in renovations and Economic and geo- momentum high-end verticals political uncertainties ▪ Data centers with accelerated ▪ Belimo gaining momentum in ▪ Global GDP and non-residential Dynamic gro
Slide 4: Overview sales 2025
Overview sales 2025 Accelerated sales growth in 2025 Sales by region In CHF m APAC +23.3% +18.7% 13% EMEA 38% Sales in LC Sales in CHF +12.5% CAGR Growth 20-24 in LC Americas 49% accelerating in 2025 Acceleration Sales by business line driven by Damper 1 121 traditional HVAC Control actuators 859 94
Slide 5: High-quality growth driven by volume & mix
High-quality growth driven by volume & mix Sales growth bridge 2025 YoY 3.6% 0.1% 23.3% 19.5% ▪ Volume driven by 18.7% megatrends and -4.5% growth strategy Out- ▪ Mix driven by product growing and customer mix, markets particularly in data centers vertical ▪ Pricing compensating for FX Volume Price
Slide 6: Sales growth across all geographies
Sales growth across all geographies EMEA Americas APAC In CHF m 10% +25% +23% in LC: +12% in LC: +32% in LC: +29% 390 429 544 147 434 120 2024 2025 2024 2025 2024 2025 ▪ Strong growth despite challenging non- ▪ Driven by data centers and traditional ▪ Driven by data centers and high growth residenti
Slide 7: Sales growth across all business lines
Sales growth across all business lines Damper Control Sensors actuators valves & Meters In CHF m +10% +26% +20% in LC: +14% in LC: +31% in LC: +25% 432 476 591 53 468 44 2024 2025 2024 2025 2024 2025 ▪ Strong demand for Fire & Smoke and ▪ Benefited from accelerating data center ▪ Customers consolida
Slide 8: Focus on Data Centers vertical
Focus on Data Centers vertical Data Centers with increasing sales share Belimo sales in CHF m 562 559 474 470 Shift to liquid cooling ongoing in 2025 Non DC ~16% ~18% DC 10-11% 12-13% H1’24 H2’24 H1’25 H2’25 Data Centers accounting for slightly less than half of Belimo’s sales growth in 2025 8/13
Slide 9: Conclusion: Continued strategy execution driving strong growth
Conclusion: Continued strategy execution driving strong growth 10.3% sales CAGR 05-25 in 2025 local currencies 23% 13% 12% 7% ▪ 23% sales growth Sales in CHF m 17% in LC, representing % Sales growth in LC 9% 0% accelerated growth 10% 8% in traditional HVAC 7% 4% 7% business and in 6% 1 121 data cent
Slide 10: Next dates
Next dates Publication of Annual Report 2025 February 23, 2026 Annual General Meeting 2026 March 23, 2026 Ex-Dividend Date March 25, 2026 Dividend Payment March 27, 2026 Publication of Semiannual Report 2026 July 20, 2026 10/13
Slide 11: Q&A For questions, please:
Q&A For questions, please: ▪ Use the ‘raise hand’ feature and wait until you are invited to speak ▪ Once invited, kindly unmute your microphone, introduce yourself and ask your question ▪ After asking your question, please mute your microphone and lower your hand 11/13
Slide 12: Investor Relations
Investor Relations Stephan Gick stephan.gick@belimo.ch +41 43 843 48 12 ir@belimo.ch www.belimo.com/ch/en_GB/about/invest or-relations 12/13
Slide 13: Disclaimer
Disclaimer This presentation contains comments relating to future developments which are based on assumptions § and estimates of BELIMO Holding AG. Although the Company assumes the expectations of these forward-looking statements to be realistic, they contain risks. These can lead to the actual resu