Belimo Holding (SIX:BEAN) reported record annual sales of CHF 1.12 billion for fiscal year 2025, marking a significant 18.7% increase in Swiss franc terms and 23.3% growth in local currencies. This performance, nearly double the 2024 growth rate, was driven by strong demand for data center cooling equipment and robust renovation activity across its core markets. The Americas emerged as the fastest-growing region, with sales surging 31.8% in local currencies to CHF 544 million, accounting for nearly half of the group's total revenue.

Data centers were a key growth driver, contributing significantly to the overall sales increase. However, the company issued a warning that deferred U.S. tariff costs, previously mitigated by supply chain timing in 2025, would negatively impact its first quarter of 2026. This tariff impact is expected to weigh on the upcoming quarter.