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

Related news

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
Beijer Ref acquires majority stake in Italian A/C distributor Idema
Beijer Ref has acquired 75 percent of the shares in Idema, an air conditioning distributor based in Italy, with an option to purchase the remaining shares. The transaction is part of Beijer Ref...
21 Jan 2026
Romania’s AGFR joins AREA as new member association
AREA has announced that the Romanian General Association of Refrigeration (AGFR) became a member on 1 January 2026. AGFR, founded in 1990 and based in Bucharest, is a non-profit association...
26 Jan 2026
Frascold strengthens Competence Center team for enhanced technical ...
Frascold has reinforced its Competence Center with new appointments and a renewed structure, aiming to provide more effective technical support throughout the compressor life cycle. The ...
today
UNEP introduces practical tools to implement gender policy in MLF-f...
The United Nations Environment Programme (UNEP), under its OzonAction initiative, has released two new guidance documents to support the integration of gender perspectives across the lifecycle of p...
25 Jan 2026
Mitsubishi Electric UK launches TrainME tool to support heat pump t...
Mitsubishi Electric has introduced TrainME, a new digital tool designed to help installers, plumbers and engineers in the UK navigate the pathway to becoming professional heat pump installers. ...
26 Jan 2026