Commercial and industrial refrigeration manufacturer Lu-Ve has recorded sales of €284,728m in the first nine months of 2019 – a 26.1 per cent increase on the first nine months of 2018. On a like-for-like basis–excluding the results from Lu-Ve’s acquisition’s of AL Air in May the year and Zyklus in July 2018 – the group’s product sales grew by 7.3 per cent.
The order book has also grown to €83,947m, a 102.9 per cent increase compared to 30 September 2018. Taking AL Air in May and Zyklus out of the equation, the order backlog is up by 17.5 per cent. Lu-Ve achieved sales of €306.9m for the whole of 2018.
