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: 4,500 qualified people (over 1,300 in Italy); total surface nearly 1,080,000 sqm (nearly 300,000 covered); 3,605 sqm Research and Development laboratories; 83% of products exported to 100 countries. Turnover approx. € 605 million.
Refrigeration
59%
Special
applications
16%
Air conditioning
15%
Power Gen -
Industrial process
10%
| Key figures | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|---|
| Sales (Meur) | 212,3 | 263,3 | 270,0 | 306,9 | 391,6 | 401,5 |
| Adjusted EBITDA (Meur) | 29,1 | 32,0 | 31,0 | 38,4 | 51,7 | 45,5 |
| Adjusted EBITDA / Sales % | 13,9% | 13,5% | 11,5% | 12,5% | 13,2% | 11,3% |
| EPS (Euro) | 0,43 | 0,71 | 0,26 | 0,70 | 0,80 | 0,45 |
| Dividends per share (Euro) | 0,20 | 0,22 | 0,22 | 0,25 | 0,27 | 0,27 |
| Employees (year end) | 1661 | 2404 | 2481 | 2609 | 3162 | 3520 |
Sales (Meur)
Adjusted EBITDA (Meur)
EPS (Euro)
Dividends per share (Euro)