Belimo Achieves Impressive Double-digit Sales Growth in 2022
2023-03-10
In a demanding market environment, the Group posted net sales of CHF 846.9 million (about US$ 917.9 million), 11.9% ahead of last year in local currencies and 10.7% in Swiss francs. Robust supply chain performance was a key success factor contributing to this strong result. The Group was able to exceed its five-year sales revenue growth average, compound annual growth rate (CAGR) from 2016 to 2021, of 8.8% in local currencies.