USA: Belimo Achieves Substantial Growth in Sales in 2023

Impressive results were recorded for the Americas market region, with sales growing by 7.7% in local currency. This comes after a remarkable year in which industry delivery problems allowed Belimo to capture a sizable portion of the market. This had a significant baseline effect, especially in 2022's second half. The EMEA market region's strong emphasis on retrofit prospects helped it achieve solid sales growth of 6.4% in local currency despite a difficult construction environment. Sales in the Asia Pacific market area increased by 8.2% in local currency. Belimo India and its other regional subsidiaries did remarkably well, making up for the difficult conditions in China.