13/01/2025 13:50
LU-VE Group: Q4-24 results as expected
Uboldo, January 13, 2025 - LU-VE Group announces the highlights results as of December 31, 2024:
· In Q4-24, the sales of products reached € 148.2 million, +1% versus Q4-23 and +5.9% versus Q3-24.
Excluding heat pumps, the sales of products in the quarter increased by +2.3%. For the twelve months to December 31, 2024, product sales amounted to € 581.0 million, a decrease of 4.3 % (compared to a reduction of 5.9% in the nine months up to September 24).
Excluding heat pumps, the sales of products in 2024 increased by +2.5%.
· The order book as of December 31, 2024, stands at €174.2 million, marking an 11.5% increase compared to December 31, 2023.