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

Copeland and Daikin expand joint venture in Europe for heat pump co...
Copeland and Daikin said they are expanding their existing joint venture into Europe to supply residential heat pump solutions. The companies said the cooperation will introduce inverter swing ...
15 Dec 2025
Haier HVAC UK appoints IOR President Lisa-Jayne Cook as Technical S...
Haier HVAC UK has announced the appointment of Lisa-Jayne Cook as its new Technical Sales Engineer. Currently serving as President of the Institute of Refrigeration (IOR), Cook brings extensive exp...
03 Dec 2025
RefIndustry Opens Call for Case Studies for Commercial Refrigeratio...
RefIndustry has opened a call for case studies for the upcoming Commercial Refrigeration Special Edition of Refrigeration Industry Magazine, scheduled for publication in February 2026. This...
05 Dec 2025
EU opens consultation on energy labelling and ecodesign of refriger...
The European Commission has launched a public consultation as part of a review of four EU regulations targeting improved energy performance and environmental standards for refrigerators used ...
16 Dec 2025
BITZER UK appoints new Sales Manager to support condensing unit growth
BITZER UK has appointed Scott Elmer as Sales Manager to support the continued expansion of its condensing unit business across the United Kingdom. Although new to the refrigeration sector, Elm...
16 Dec 2025
Researchers design optimized rotary magnetic refrigerator prototype
A team of researchers from Italy has developed a new rotary magnetic refrigerator prototype designed for domestic use at room temperature. The project focused on improving efficiency, versatility, ...
12 Dec 2025