Information for Investors
2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Share capital | ||||||||||
Number of registered shares as at December 31 | 12 300 000 | 12 300 000 | 12 300 000 | 12 300 000 | 12 300 000 | |||||
Average number of outstanding shares | 12 299 876 | 12 298 408 | 12 298 145 | 12 297 527 | 12 298 556 | |||||
Information per average outstanding share | ||||||||||
Earnings, in CHF | 14.8 | 11.9 | 11.1 | 10.0 | 9.4 | |||||
Cash flow from operating activities, in CHF | 15.0 | 15.8 | 12.8 | 9.2 | 12.4 | |||||
Earnings before interest and taxes (EBIT), in CHF1) | 18.9 | 14.7 | 12.4 | 12.4 | 11.8 | |||||
Equity attributable to shareholders of BELIMO Holding AG as at December 31, in CHF | 50.6 | 47.2 | 43.1 | 42.4 | 41.6 | |||||
Information per registered share | ||||||||||
Dividend, in CHF (as proposed by the Board of Directors for next year) | 10.00 | 9.50 | 8.50 | 8.50 | 8.50 | |||||
Return on dividend as at December 31, in %1) | 1.3% | 1.6% | 1.8% | 1.9% | 1.5% | |||||
Payout ratio, in % of net income attributable to shareholders of BELIMO Holding AG1) | 67.7% | 79.6% | 76.3% | 85.1% | 90.4% | |||||
Price-earnings ratio (P/E ratio) as at December 311) | 52.9 | 50.2 | 41.6 | 44.0 | 61.6 | |||||
Stock market prices in CHF | ||||||||||
High | 954 | 611 | 514 | 580 | 580 | |||||
Low | 472 | 393 | 376 | 317 | 328 | |||||
Year-end | 781 | 600 | 464 | 440 | 580 | |||||
Market capitalization in CHF million | ||||||||||
High | 11 728 | 7 515 | 6 322 | 7 134 | 7 134 | |||||
Low | 5 803 | 4 836 | 4 620 | 3 899 | 4 028 | |||||
Year-end | 9 606 | 7 374 | 5 705 | 5 412 | 7 134 | |||||
In % of equity attributable to shareholders of BELIMO Holding AG as at December 31 | 1 545% | 1 270% | 1 075% | 1 037% | 1 395% | |||||
Average daily trading volume | ||||||||||
In number of shares | 26 012 | 17 673 | 16 100 | 17 755 | 12 728 |
1) Alternative Performance Measures are described here
Five-Year Summary
in CHF 1 000 (unless indicated otherwise) | 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Net sales | ||||||||||
EMEA | 429 409 | 389 731 | 375 920 | 367 902 | 375 556 | |||||
Americas | 544 027 | 433 976 | 373 813 | 368 261 | 291 387 | |||||
Asia Pacific | 147 377 | 120 153 | 109 053 | 110 737 | 98 400 | |||||
Group | 1 120 813 | 943 860 | 858 785 | 846 900 | 765 343 | |||||
Growth in local currencies, in % | 23.3% | 13.1% | 7.2% | 11.9% | 16.6% | |||||
Growth in CHF, in % | 18.7% | 9.9% | 1.4% | 10.7% | 15.7% | |||||
Income statement | ||||||||||
Net sales | 1 120 813 | 943 860 | 858 785 | 846 900 | 765 343 | |||||
Earnings before interest, taxes, depreciation, and amortization (EBITDA)1) | 271 215 | 217 583 | 188 312 | 189 033 | 178 395 | |||||
Earnings before interest and taxes (EBIT)1) | 232 851 | 181 126 | 152 466 | 152 363 | 145 363 | |||||
Net income | 181 625 | 146 722 | 136 845 | 122 698 | 115 504 | |||||
EBIT margin, in % | 20.8% | 19.2% | 17.8% | 18.0% | 19.0% | |||||
Return on capital employed (ROCE), in %1) | 36.3% | 31.3% | 28.1% | 28.6% | 28.1% | |||||
Return on equity (ROE), in %1) | 30.2% | 26.4% | 26.0% | 23.8% | 23.1% | |||||
Return on invested capital (ROIC), in %1) | 27.8% | 25.7% | 26.6% | 24.9% | 26.0% | |||||
Cash flow | ||||||||||
Cash flow from operating activities | 184 857 | 194 780 | 156 966 | 112 861 | 153 049 | |||||
Cash flow from investing activities | -61 331 | -101 954 | -21 084 | -21 658 | -107 505 | |||||
Free cash flow1) | 123 526 | 92 827 | 135 882 | 91 202 | 45 544 | |||||
Free cash flow (w/o term deposits)1) | 98 526 | 132 827 | 110 882 | 56 202 | 105 544 | |||||
Cash flow from financing activities | -116 648 | -107 818 | -108 662 | -112 309 | -101 238 | |||||
Dividends paid | -116 849 | -104 541 | -104 539 | -104 531 | -92 243 | |||||
Free cash flow, in % of net sales | 11.0% | 9.8% | 15.8% | 10.8% | 6.0% | |||||
Free cash flow (w/o term deposits), in % of net sales | 8.8% | 14.1% | 12.9% | 6.6% | 13.8% | |||||
Balance sheet | ||||||||||
Total assets | 878 803 | 763 685 | 661 989 | 671 983 | 642 671 | |||||
Total liabilities | 256 978 | 182 949 | 131 500 | 150 226 | 131 335 | |||||
Total equity | 621 825 | 580 736 | 530 489 | 521 757 | 511 336 | |||||
Equity ratio, in %1) | 70.8% | 76.0% | 80.1% | 77.6% | 79.6% |
1) Alternative Performance Measures are described here
in CHF 1 000 (unless indicated otherwise) | 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Cash conversion cycle | ||||||||||
Days sales outstanding (DSO), in days1) | 55 | 56 | 55 | 55 | 53 | |||||
Inventory period (DIO), in days1) | 154 | 170 | 188 | 180 | 148 | |||||
Employees | ||||||||||
Female full-time equivalents, in total numbers | 1 023 | 857 | 814 | 816 | 712 | |||||
Male full-time equivalents, in total numbers | 1 681 | 1 504 | 1 445 | 1 347 | 1 209 | |||||
Net sales per full-time equivalents (yearly average) | 445 | 412 | 387 | 414 | 412 | |||||
Greenhouse Gas Emissions GHG (Scope 1 and 2) | ||||||||||
Total GHG emissions in tCO2e2) | 1 956 | 2 329 | 2 260 | 2 327 | ||||||
GHG intensity in kgCO2e per CHF 1 000 of Group net sales2) | 1.75 | 2.47 | 2.63 | 2.75 |
1) Alternative Performance Measures are described here
2) With the extension of the reporting scope to all Production and Logistics/Customization sites in 2024, the previous year's figures have been restated accordingly. However, information is only available from 2022 onward.