BELIMO (BEAN) investor relations material

Strategic growth pillars

• Focus on agile, niche market positioning with global leadership and strong customer relationships.

• Invests ~7% of sales in R&D, emphasizing innovation and Swiss quality for durability and minimal maintenance.

• Growth strategy aligned with megatrends: urbanization, climate change, and digitalization.

• Diversified end markets include offices, data centers, healthcare, energy, and residential sectors, ensuring resilience.

• Profitable growth driven by solution leadership in actuators, valves, sensors, and digital ecosystems.

Market trends and industry drivers

• Twelve key trends shape the industry, grouped into environment, economy, society, and technology.

• Environmental focus on climate adaptation, electrification, and sustainable materials increases demand for reliable devices.

• Economic drivers include stricter regulations, ESG reporting, and skilled labor shortages, boosting demand for efficient, easy-to-install products.

• Societal trends emphasize healthy indoor spaces, safety, and flexible building use, requiring advanced field devices.

• Technological advances demand interoperable, intelligent, and cybersecure devices with seamless digital integration.

Financial performance and outlook

• Achieved 29.6% YoY sales growth in H1'26 (local currency), with data centers contributing over half of the growth.

• EBIT increased by 19.1% YoY, supported by operating leverage, pricing, and favorable product mix.

• Growth megatrends remain strong, with ongoing strategy execution and capacity expansion.

• Expect continued strong demand in H2'26, with EBIT margin projected above 20% for FY'26.

• Risks include global economic uncertainty, FX volatility, and changes in tariffs or data center capex deployment.