Q1 2026: Results approved
Uboldo (Va), May 12, 2026 – The Board of Directors of LU-VE S.p.A., at its meeting today, approved the consolidated results as of 31 March 2026.
Q1-26 TURNOVER: +13.4%,
Q1-26 NET INCOME: +45%
FIRST HYPERSCALE CONTRACT REINFORCES POSITIONING
AMONG LEADING SUPPLIERS
OF MISSION-CRITICAL COOLING COMPONENTS FOR DATA CENTRE
In Q1-26 LUVE achieved:
- turnover €153.4 million (+13.4% compared to Q1-25, +14.7% at constant FX));
- adjusted EBITDA €21.4 million, 14.0% of sales (+16.9%);
- net income €11.3 million (+45%);
- order backlog €300.9 million (+ 43%);
As of 31 March 2026, the net financial position amounted to €91.4 million (an improvement of €12.6 million compared to March 2025).
“We are pleased with the excellent start to 2026. In the first quarter, we achieved growth above our medium- to long-term guidance and significantly improved profitability, while reaching a new record level in our order backlog. - said Matteo Liberali, President and CEO of LUVE - The signing of the first long-term contract with a hyperscaler represents an important step in our strategic positioning within the data center segment, further strengthens our confidence in the medium- to long-term growth outlook, and is the result of excellent teamwork by a passionate and highly skilled international team, whom I would like to thank once again.”