Market:
Milan
Symbol:
BIT: LUVE
ISIN:
IT0005107492
Industry:
Mechanical equipment
LU-VE Group is one of the major manufacturers in the world in the air heat exchanger field (listed on the Milan Stock Exchange). It operates in various segments of the market: refrigeration (commercial and industrial); process cooling for industrial applications and power generation; air conditioning (civil, industrial and close control); glass doors and closing systems for refrigerated counters and cabinets; IoT mirrors for special applications (digital signage, lift cars, hotel rooms , etc.). The LU-VE Group is an international company (with HQ in Uboldo, Varese, Italy) consisting of 20 manufacturing facilities in different countries: Italy, China, Czech Rep., Finland, India, Poland, Russia, Sweden & USA, with a network of 34 sales companies and representative offices in Europe, Asia, the Middle East and Oceania. The Group also includes a software house dedicated to ICT (Information and Communications Technology), the development of product calculation software and digitalization. The strength of the Group lies in its employees: over 4,000 qualified people (over 1,200 in Italy); total surface nearly 1,080,000 sqm (nearly 300,000 covered); 3,605 sqm Research and Development laboratories; about 80% of products exported to 100 countries.Page data updated on 06/07/2024 at 10:30 AM
Refrigeration
46.5%
Air conditioning
27.5%
Special
applications
12.9%
Power Gen -
Industrial process
11.4%
Other revenue
1.7%
| Key figures (1) | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Sales (Meur) | 212,3 | 236,3 | 270,0 | 306,9 | 391,6 | 401,5 | 492,0 | 618,6 | 617,3 |
| EBITDA adjusted (Meur) | 29,1 | 32,0 | 31,0 | 38,4 | 51,7 | 45,2 | 60,8 | 78,8 | 80,1 |
| EBITDA adjusted / Sales % | 13,7% | 13,5% | 11,5% | 12,5% | 13,2% | 11,3% | 12,4% | 12,7% | 13,0% |
| Net financial position /EBITDA | 0,10 | 0,92 | 1,21 | 1,74 | 2,30 | 2,36 | 2,00 | 1,89 | 1,60 |
| EPS fully diluted (Euro) | 0,43 | 0,71 | 0,26 | 0,70 | 0,79 | 0,45 | 1,07 | 2,15 | 1,34 |
| Dividend per share (Euro) (2) | 0,20 | 0,22 | 0,22 | 0,25 | 0,27 | 0,27 | 0,35 | 0,38 | 0,40 |
| Employees (number at year end) | 1.661 | 2.404 | 2.481 | 2.609 | 3.169 | 3.520 | 4.149 | 4.058 | 4.024 |
| Market cap (Meur - year end) | 188,8 | 229,1 | 238,4 | 208,6 | 284,6 | 310,2 | 533,6 | 625,9 | 513,6 |
| (1) Source: published Financial Statements (2) Reference year - paid the following year | |||||||||
Sales (Meur)
EPS fully diluted (Euro)
Net financial position /EBITDA
EBITDA adj (Meur)
Dividends per share (Euro)
Market cap (Meur - year end)