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:
- air cooled equipment (50.2%);
- heat exchangers (45.8%);
- special glass doors and refrigerated cases (2.6%);
- other (1.4%).
Net sales break down by market between refrigeration (51.4%), air conditioning (22.4%), special applications (15.8%) and industrial cooling (10.4%).
Net sales are distributed geographically as follows: Italy (19.2%), France (7.6%), Poland (7.1%), Czech Republic (6.5%), Germany (5.8%), Finland (4.5%) and other (49.3%).
- air cooled equipment (50.2%);
- heat exchangers (45.8%);
- special glass doors and refrigerated cases (2.6%);
- other (1.4%).
Net sales break down by market between refrigeration (51.4%), air conditioning (22.4%), special applications (15.8%) and industrial cooling (10.4%).
Net sales are distributed geographically as follows: Italy (19.2%), France (7.6%), Poland (7.1%), Czech Republic (6.5%), Germany (5.8%), Finland (4.5%) and other (49.3%).
Key Executives
| Chairman and Chief Executive Officer | |
| General Manager | |
| Administrative & Finance Director | |
| Chief Strategy and Development Officer | |
| Head of Investor Relations | |
| Chief Communication Officer |
Key Figures
| Millenium | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net sales | 587,205 | 615,823 | 617,075 | 491,204 | 400,028 |
| Income from ordinary activities | 587,205 | 615,823 | 617,075 | 491,204 | 401,457 |
| Operating income | 50,552 | 46,427 | 42,096 | 30,554 | 15,458 |
| Cost of financial indebtedness net | -910 | 3,909 | 8,104 | 1,193 | 1,608 |
| Equity-accounted companies contribution to income | 0 | ||||
| Net profit from discontinued activities | 0 | ||||
| Net income | 35,821 | 31,363 | 49,065 | 24,775 | 10,699 |
| Net income (Group share) | 34,497 | 29,745 | 47,714 | 23,739 | 9,878 |
| Fiscal year end | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| 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 |
Shareholder information
| Finami S.p.A. | |
| Other shareholders | |
| G4 S.R.L |
Address
LU-VE 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
Contact
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