Annual Report 2025

Consolidated Income Statement

in CHF 1 000

Note

2025

%1)

2024

%1)

Net sales

1.1

1 120 813

100.0

943 860

100.0

Material expenses

-468 958

-41.8

-372 067

-39.4

Changes in inventories

25 154

2.2

8 499

0.9

Personnel expenses

1.2

-295 400

-26.4

-264 970

-28.1

Other operating expenses

1.3

-116 755

-10.4

-100 124

-10.6

Other operating income

1.3

6 362

0.6

2 386

0.3

Earnings before interest, taxes, depreciation, and amortization (EBITDA)2)

271 215

24.2

217 583

23.1

Depreciation of property, plant and equipment

2.3

-31 440

-2.8

-29 888

-3.2

Amortization of intangible assets

2.4

-6 924

-0.6

-6 569

-0.7

Earnings before interest and taxes (EBIT)2)

232 851

20.8

181 126

19.2

Financial income

3.4

2 853

0.3

992

0.1

Financial expenses

3.4

-2 085

-0.2

-6 576

-0.7

Net foreign exchange result

3.4

-10 426

-0.9

609

0.1

Financial result

-9 657

-0.9

-4 975

-0.5

Earnings before taxes (EBT)

223 194

19.9

176 151

18.7

Income taxes

5.1

-41 568

-3.7

-29 429

-3.1

Net income

181 625

16.2

146 722

15.5

Attributable to shareholders of BELIMO Holding AG

181 625

16.2

146 782

15.6

Attributable to non-controlling interests

-

-

-60

-

Earnings per share (EPS) in CHF

3.5

14.77

11.94

There are no options or other instruments that could have a dilutive effect.

1) In % of net sales

2) Alternative Performance Measures are described here