LU-VE Group: Record results also in the first half of 2021
July 14, 2021 at 08:39 am EDT
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July 14, 2021
LU-VE Group: Record results also in the first half of 2021
Uboldo, 14 July, 2021 - LU-VE announces the highlight results for the first half of 2021:
as of June 30, 2021, the turnover of products reached € 224.5 Million (+17.6% compared to June 30, 2020). In Q2 2021, revenue grew 14.4% compared to Q1 2021.
the order book as of June 30, 2021, jumped to € 146.3 million (+ 78.3% compared to June 30, 2020, and + 47.0% compared to March 2021).
'We are in the presence of a very active demand, but with strong tensions on the procurement market, due to rising prices and the availability of materials and components - said Matteo Liberali, CEO of LU-VE Group - However, paying close attention to managing a phase of great complexity, the increase in volumes and the growth of the order book allow us to look to the future with optimism'.
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The Manager responsible for preparing the financial reporting, Eligio Macchi, declares, pursuant to Art. 154-bis, paragraph 2 of the Consolidated Law on Finance, that the accounting disclosure contained in this press release corresponds to the results of the accounting documents, books and entries.
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LU-VE S.p.A. published this content on 14 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2021 12:38:04 UTC.
LU-VE SpA is an Italy-based company engaged in the electrical components and equipment industry. The Company mainly provides refrigeration and air conditioning products. Its products portfolio encompasses commercial unit coolers, industrial unit coolers, air coolers, tubeless steel condensers, air cooled condensers, dry condensers, accessories and special products. Through its sales entities, such as LU-VE France Sarl, LU-VE Polska, LU-VE Deutschland GmbH and LU-VE Austria Representative, among others, the Company is active in the domestic market, Australia, Austria, China, Hong Kong, France, Germany, India, Poland, the Russia Federation, Singapore, Spain, United Arab Emirates and the United Kingdom.