BELIMO Holding AG/Fr. BEAN

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About BELIMO Holding AG

BELIMO Holding AG is a company specialized in the development, production, and marketing of actuator solutions for controlling heating, ventilation, and air conditioning (HVAC) systems. The company's product portfolio includes damper actuators, control valves, and sensors, which are used to manage the flow of air and water in various building systems. Founded in 1975, BELIMO is based in Hinwil, Switzerland. The company has a global presence with subsidiaries and distribution partners worldwide. BELIMO's competitive advantage lies in its focus on innovation and energy-efficient solutions, which cater to the evolving needs of its customer base in building automation and HVAC industries.
Ticker
Fr. BEAN
Primary listing
XSWX
Employees
2,881
Headquarters
Hinwil, Switzerland

BEAN Metrics

BasicAdvanced
CHF 9.2B
45.54
CHF 16.69
1.13
CHF 10.00
1.32%

Bulls say / Bears say

Belimo delivered 29.6% year-on-year sales growth in local currencies in the first half of 2026 to CHF 676.4 million, while net income increased 23.3% to CHF 124.9 million. (Belimo H1 2026 Report)
Data-center cooling accounted for slightly more than half of Belimo’s absolute sales growth in the first half, helping drive 35.1% local-currency growth in the Americas and supporting the company’s expansion into a faster-growing HVAC application. (Belimo H1 2026 Report)
Management expects continued strong demand across traditional HVAC and data centers and reiterated a 2026 EBIT margin above 20%; first-half profitability was supported by operating leverage, pricing, and favorable product mix. (Belimo H1 2026 Report)
Belimo’s valuation has become a material risk: Jefferies downgraded the shares to Hold in June, arguing that much of the data-center opportunity is already reflected in consensus estimates and that execution risk around capital deployment is rising. (Reuters via Investing.com)
Foreign-exchange headwinds reduced the first-half EBIT margin to 22.5% from 22.8% despite strong growth, while operating cash flow fell to CHF 83.8 million and free cash flow to CHF 38.7 million amid higher working capital and elevated capacity-expansion spending. (Belimo H1 2026 Report)
Non-residential construction spending remains subdued, and Belimo expects second-half year-on-year growth to face tougher comparisons from an increasing base effect and the annualization of prior pricing measures. (Belimo H1 2026 Report)
Data summarised monthly by Lightyear AI. Last updated on 14 Sept 2026.

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