The Belimo Group, a world leader in electrical actuators for heating, ventilation and air conditioning systems, can look back on a highly successful year in 2006. According to the company's press release, growth was significantly higher than the levels recorded in the markets serviced and growth targets were achieved in both air and water applications.

Net sales in local currencies increased by 13.7 percent overall. Sales in Swiss francs rose by 16.0 percent to CHF 325.1 million, and Group net income climbed by 19.0 percent to CHF 39.0 million. Operating income (EBIT) was CHF 48.8 million, and operating margin stood at 15.0 percent. The return on equity amounted to 26.2 percent.
Strong growth in Europe, the positive trend in the Americas and the unwavering high demand in the Asia/Pacific region have once again enabled the Belimo Group to enjoy a gratifying increase in sales.
The global launch of the ‘new generation’ was successfully completed. New products in energy optimization cemented the Group’s market position. An innovative design in the lower torque range is enabling the Company to open up new application areas. In 2006 Belimo invested CHF 18.9 million or 5.8 percent of net sales in research, development and improvement of global processes (previous year 6.2 percent).

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