BELIMO Holding AG: Strong Growth Prospects and Financial Performance Drive Positive Outlook

Fabian Piasta, an analyst from Jefferies, maintained the Buy rating on BELIMO Holding AG (BLHWF – Research Report). The associated price target remains the same with CHF725.00.

Fabian Piasta’s rating is based on the impressive financial performance and growth prospects demonstrated by BELIMO Holding AG. The company has reported a solid EBIT margin, with a strong growth forecast into 2025, which is expected to be driven by expansion in the data center sector and increased renovation activities in the US and EMEA markets.
BELIMO’s management has indicated a positive sales outlook, expecting growth to exceed the five-year average, which aligns well with market expectations. The company’s profitability has also shown remarkable improvement, with a significant year-over-year increase in EBIT and a higher proposed dividend payout, reflecting management’s confidence in sustainable growth and robust financial health.