Annual Report

Message from the Chairman


“Dear Readers,

A warm welcome to our new digital Annual Report. 2022 was again a highly successful year for Belimo. I would like to invite you to learn more about our business performance, our strategic initiatives, and many other interesting topics. I hope you enjoy reading this report and send my best regards.”

Patrick Burkhalter
Chairman of the Board of Directors

Navigate through Our Report

Our digital annual report is structured along our value-creation model. It can be easily navigated by clicking on our values and main stakeholders.


Credibility Culture

Our culture is built on trust, integrity, competence, and responsibility. This creates clarity, a common understanding, and full commitment of all employees. 
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Successful Society

By directly contributing to 7 of the 17 Sustainable Development Goals (SDGs), Belimo upholds its primary responsibilities to a successful society. Find out more


Successful Partners

Our partners, particularly our suppliers, are the most critical element of our asset-light model and the key that enables us to deliver with outstanding quality, availability, and flexibility.
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Successful Belimo

Enabling our customers’ and partners’ success is what makes Belimo successful in the long-term – economically but also regarding its ecological impact on the planet.
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Successful Customers

With unique application know-how and a thorough understanding of our customers’ business processes, Belimo provides sound and honest advice that helps our customers succeed.
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Solution Leadership

We are investing in innovation, so we can surprise the market with unique solutions in heating, ventilation, and air-conditioning applications.
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Operational Excellence

Through operational excellence, the continuous improvement of our processes, and utilization of economies of scale we ensure the reliable delivery of top-quality products.
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Customer Value

Our focus is on our customers’ success, defining and measuring the quality of our services, and the extent to which they exceed our customers’ expectations.
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Key Figures

Net Sales in CHF million 846.9
Dividend per share in CHF 8.50
Operating Cash Flow in % of net sales 13.3
Earnings before Interest and Taxes (EBIT) in CHF million 152.4 18.0% EBIT Margin
Earnings per Share (EPS) in CHF 9.99
Number of Employees Full-time equivalents as at December 31 2’163
Total CO2 Savings of Belimo Devices in million tons CO2e 8.4
Research and Development in % of net sales 7.3