Subscribe to the daily news Sign in
En
LU-VE Group announces turnover €401.5 millionLU-VE Group announces turnover €401.5 million
18 March 2021

LU-VE Group announces turnover €401.5 million

LU-VE Group announces the results as at 31.12.2020:

  • turnover €401.5 million (+2.5% compared to 2019);
  • EBITDA €45.2 million (-3.3%);
  • order book at €88.8 million (February 2021), the highest ever reached by the Group (+5.3% in respect to February 2020; +15.3 in respect to December 2020).

“I would like to thank all the men and women of LU-VE Group for showing their usual strength and sense of duty. This attitude has allowed us to grow also in a difficult year as 2020 – declared Iginio Liberali, president of LU-VE Group – Our strength lies in the fundamental values we have always practiced: humility, passion, creative intelligence, to generate value for us, for our company and for the market.”

Share
Subscribe to the Refindustry Daily Newsletter
Trusted by 3,000+ refrigeration professionals worldwide
or sign up with
Google
LinkedIn
Facebook
No spam. Only industry-relevant news.
Unsubscribe anytime.

Related news

Alfa Laval reports record annual sales and earnings in 2025
Sweden-based Alfa Laval has reported its financial results for the fourth quarter and full year 2025, highlighting record levels of net sales and adjusted EBITA, driven by strong performance across...
10 Feb 2026
UK Institute of Refrigeration flags urgent skills shortage in RACHP...
The Institute of Refrigeration (IOR) has published a new report summarising the results of its October 2025 member survey, The Future of Training – Right Skills for the Right Job. The survey was co...
09 Feb 2026
Mitsubishi Electric launches air conditioner production in India
Mitsubishi Electric has started full-scale operations at its first residential air conditioner manufacturing plant in India, aiming to expand its presence in the growing market. The facility, ...
10 Feb 2026
LUVE Italy launches new brand identity on 40th anniversary
LUVE S.p.A., an Italian multinational listed on Euronext STAR Milan and a global player in air heat exchangers, has unveiled a new brand identity to mark its 40th anniversary and ten years as a...
27 Jan 2026
Trane Technologies Reports Growth in Commercial HVAC Bookings and B...
Trane Technologies reported a strong performance in its commercial HVAC segment for the fourth quarter and full year 2025, driven by high bookings and record backlog levels. The company saw continu...
09 Feb 2026
SYCLEF enters Polish market with acquisition of PHI Group
SYCLEF has announced the integration of PHI (Polski Holding Instalacyjny), marking its first strategic operation in Central Europe. The move brings the international refrigeration and HVAC speci...
12 Feb 2026