Kaltra GmbH and its subsidiaries (“Kaltra”) announced fiscal net revenue up 15% from the prior-year period and 4% above the previously provided outlook. This demonstrates a solid end to the fiscal year despite navigating a volatile macro-environment and softening demand in the second half.
Stable year growth has been registered in the heat exchanger business segment, with sales up 23% and production up 16% (in quantitative terms) compared to the previous year. Expecting further growth in heat exchanger sales, Katra scheduled expansion of manufacturing facilities in Q1 2023.
Kaltra further reported on its plans to extend lineups of products suitable for green, including natural, refrigerants in 2023. Ranges will include air-cooled chillers running on R290 and R32, expansion of air-cooled condenser portfolio, and heat exchangers adopted for low-GWP refrigerants for heat pump, condenser and evaporator applications.
Based on current backlog of orders, sales growth is projected for the Year 2023 at 18 percent.
