Kaltra has announced a record sales increase of 25% in the third quarter compared to the same period last year, despite the negative events of the year 2020.
The company saw increased sales in all segments, including water chillers and air conditioning equipment, and reported strong orders for heat exchangers, reaffirming Kaltra’s role as the leading manufacturer of microchannel heat exchangers.
Paul Larson, Business Development Officer, said the company had delivered record sales for the 4th quarter in a row, realizing its potential not only in terms of sales volumes but also by providing engineering support to its clients around the world, and will continue to leverage its strengths and global market presence to deliver valuable synergies for its businesses in the future.
Meanwhile, operating expenditures as a percentage of sales were significantly reduced by approximately 5% compared to the previous year primarily through operational improvements and manufacturing automation.
