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EarningsQ2 2026 Earnings Report
CH:BEAN Q2 2026 EPS Results
Actual EPSCHF10.15
Consensus EPS―
Beat/Miss―
One Year Ago EPSCHF8.23
CH:BEAN Q2 2026 Revenue Results
Actual RevenueCHF676.40M
Expected RevenueCHF647.49M
Beat/MissBeat by +CHF28.91M
YoY Revenue Growth+20.46%
Earnings Announcement Details
QuarterQ2 2026
Date07/20/2026
TimeBefore Open
Conference CallMonday, July 20, 2026
CH:BEAN Upcoming Earnings
BELIMO Holding AG's next earnings date is estimated for March 1, 2027, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CH:BEAN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial performance in H1 2026: broad-based double‑digit local currency revenue growth, robust margin and profit expansion, significant data center momentum, and continued investments in capacity and product innovation. These positives are tempered by notable short-term headwinds — an unfavorable FX impact, lower free cash flow due to higher working capital and CapEx, tariff uncertainty, macro/geopolitical risks, and potential H2 margin pressure as ramping costs and base effects reduce relative growth. On balance, the company appears execution-focused and financially robust while being candid about risks that may limit near‑term upside.Company Guidance
Strong Top-Line Growth
Sales grew close to 30% in local currency (29.6% LC) and 20.5% in Swiss francs to CHF 676 million in H1 2026 (FX headwind of -9.2%). Growth composition: 22.3% from volume & mix and 7.3% from pricing.
Robust Profitability
EBIT increased by 19% to CHF 153 million with an EBIT margin of 22.5%, and net income rose 23% to CHF 125 million.
Data Center Momentum
Data center accounted for slightly more than half of absolute sales growth in H1 and represents ~23–24% of group turnover (up from 18% in H2 last year). Liquid cooling is the main driver, especially in the Americas.
Outstanding Regional Performance
Americas grew 35% in local currency (22% in CHF) to CHF 341 million, EMEA grew 14% LC (11% CHF) to CHF 240 million driven by RetroFIT+, and Asia‑Pacific grew 58% LC (45% CHF) supported by export/OEM data center demand.
Business Line Strength
Control valves (58% of sales) grew 48% LC (37% CHF); damper actuators (38% of sales) grew 8% LC (1% CHF); sensors & meters (~5% of sales) grew ~40% LC (30% CHF).
Operational and Strategic Investments
Significant capacity expansion underway (new Hinwil building inauguration, ramp-up in U.S.), elevated CapEx to support growth, and introduction of data center‑specific stainless steel Energy Valve and a U.S. data center experience center.
Strong Returns and Balance Sheet
Return on capital employed 41%, return on equity 35%, equity ratio 61%, low net debt (short-term credit used for dividend), indicating strong profitability and an asset‑light model.
Successful Pricing and Tariff Offset
Pricing (mainly U.S.) and other measures helped offset tariff impacts and a significant FX headwind in H1, preserving margin near prior-year levels.
High RetroFIT+ Impact and Rapid Paybacks
RetroFIT+ examples delivered large energy savings (e.g., >80% pump energy reduction on a vessel with payback <3 years; hotel project 12% heating energy savings with payback <1 year), illustrating clear ROI and demand drivers in renovation markets.
CH:BEAN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed