The Chairman of the Board of Directors, Prof. em. Dr. Hans Peter Wehrli, and the member of the Board of Directors, Martin Hess, will retire at the Annual General Meeting in Rapperswil of April 1, 2019.

The Board of Directors of the BELIMO Holding AG has appointed Louis Scheidegger (53) a member of the Group Executive Committee as of March 1, 2019.

The Belimo Group continued its successful growth path and further strengthened its market position. Sales grew significantly in all market regions. In Swiss francs, net sales rose by 10.8 percent to CHF 642.4 million. In currency-adjusted terms, this equals to an overall growth of 9.6 percent. Adjusted for currencies, sales in the Europe market region grew by 9.5, in the Americas by 8.4 and in Asia Pacific by 13.8 percent. Air and water applications increased by 9.4 percent and 9.8 percent respectively in local currencies.