Belimo Reports Significant Sales Growth Driven by AI Data Center Cooling Solutions
Belimo Holding's net sales surged by 29.6% to CHF 676.4 million in H1 2026, largely driven by demand for AI data center cooling solutions. This growth highlights the increasing importance of advanced cooling technologies in the HVAC sector.
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Belimo Holding reported first-half 2026 net sales of CHF 676.4 million, a 29.6% increase year-over-year. The Americas contributed CHF 341.3 million, up 35.1%, while Asia Pacific sales reached CHF 94.8 million, a 58.0% rise.
Control Valves led product performance, with sales growing 48.3% to CHF 389.3 million. EBIT rose 19.1% to CHF 152.5 million, but the margin slightly decreased to 22.5%. Operating cash flow fell to CHF 83.8 million, and free cash flow dropped to CHF 38.7 million amid higher capital expenditures. The company anticipates moderated growth in H2 2026 due to pricing and base effects while maintaining an EBIT margin forecast above 20%.
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