Company Profile
LU-VE S.p.A. specializes in the manufacturing and marketing of cooling and air conditioning systems. Net sales break down by family of products as follows:
- heat exchangers (49.4%);
- ventilation equipment (46.2%);
- special glass doors and refrigerated cases (2.7%);
- other (1.7%).
Net sales break down by market between food processing (46.5%), air conditioning (27.5%), manufacturing and telecommunications industries (12.9%), industrial cooling (11.4%) and other (1.7%).
At the end of 2023, the group operated 20 production sites worldwide.
Net sales are distributed geographically as follows: Italy (19.8%), European Union (54.9%) and other (25.3%).
- heat exchangers (49.4%);
- ventilation equipment (46.2%);
- special glass doors and refrigerated cases (2.7%);
- other (1.7%).
Net sales break down by market between food processing (46.5%), air conditioning (27.5%), manufacturing and telecommunications industries (12.9%), industrial cooling (11.4%) and other (1.7%).
At the end of 2023, the group operated 20 production sites worldwide.
Net sales are distributed geographically as follows: Italy (19.8%), European Union (54.9%) and other (25.3%).
Source: Cofisem - Last Update: 2024-04-17
Key Executives
| Chief Executive Officer | |
| Chief Financial Officer | |
| Chief Operating Officer | |
| Chief Investor Relations Officer |
Source: Cofisem - Last Update: 2024-04-17
Key Figures
| Millenium | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Net sales | 615,823 | 617,075 | 491,204 | 400,028 | 390,356 |
| Income from ordinary activities | 615,823 | 617,075 | 491,204 | 401,457 | 391,584 |
| Operating income | 46,427 | 42,096 | 30,554 | 15,458 | 21,974 |
| Cost of financial indebtedness net | 3,909 | 8,104 | 1,193 | 1,608 | 1,231 |
| Equity-accounted companies contribution to income | 0 | 0 | |||
| Net profit from discontinued activities | 0 | 0 | |||
| Net income | 31,363 | 49,065 | 24,775 | 10,699 | 18,293 |
| Net income (Group share) | 29,745 | 47,714 | 23,739 | 9,878 | 17,514 |
| Fiscal year end | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands | EUR - thousands |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2024-04-17
Shareholder information
| Finami S.p.A. | |
| G4 S.R.L |
Source: Cofisem - Last Update: 2024-04-17
Address
Luve S.p.A.
Via Vittorio Veneto 11
IT-21100 Varese
Italy
Phone number: +39 02 967 161
Fax: +39 02 967 805 60
https://www.luvegroup.com
Source: Cofisem - Last Update: 2024-04-17
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