Company Profile

CAREL Industries S.p.A. specializes in the design, manufacture and marketing of temperature, humidity and air quality control and regulation systems for industrial, commercial and residential air conditioning and refrigeration equipment. The group also offers humidifiers. Net sales break down by area of application as follows:
- heating, ventilation and air conditioning (68.2%);
- refrigeration (31%);
- other (0.8%).
At the end of 2022, the group had 15 production sites located in Europe (7), the United States, Brazil and China.
Net sales are distributed geographically as follows: Europe/Middle East/Africa (70.2%), Asia/Pacific (14.3%), North America (13.1%) and South America (2.4%).


Source: Cofisem - Last Update: 2023-09-20

Key Executives
Chief Executive Officer Francesco Nalini
Chief Financial Officer Nicola Biondo
Investor Relations Director Giampiero Grosso


Source: Cofisem - Last Update: 2023-06-08

Key Figures
Millenium 2022 2021 2020 2019 2018
Net sales 544,852 420,418 331,620 327,358 280,220
Income from ordinary activities 544,852 420,418 331,620 327,358 283,367
Operating income 87,311 64,457 46,712 46,363 37,867
Cost of financial indebtedness net 1,813 1,474 1,204 1,076 26
Equity-accounted companies contribution to income 2,360 508 208 177 16
Net profit from discontinued activities
Net income 64,799 49,088 35,117 35,047 30,752
Net income (Group share) 62,124 49,059 35,112 35,019 30,678
Fiscal year end 12.22 12.21 12.2 12.19 12.18
Length of fiscal year (month) 12 12 12 12 12
Currency & Unit EUR - thousands EUR - thousands EUR - thousands EUR - thousands EUR - thousands
Account Standards

Source: Cofisem - Last Update: 2023-09-20

Shareholder information
Other shareholders 38.9 %
Luigi Rossi Luciani S.a.p.a. 36.17 %
Athena S.p.A. 20 %
7 Industries B.V. 4.93 %


Source: Cofisem - Last Update: 2023-09-20

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