LU-VE Group: 2021, the year of records

LU-VE Group approved the consolidated financial report as at 31 December 2021:

• Turnover €492.0 million (+22.6% compared to 2020);
• EBITDA €60.8 million (+34.6%);
• Net profit €24.8 million (+131.6%);
• Order book €180.2 million (+134.0%);
• In February 2022 order book was nearly €200 m (+124%).

Iginio Liberali, President of LU-VE Group declared: “The year 2021, the 35th year of LU-VE Group activity, was very positive, characterized by an active demand, despite a sharp increase in the prices of materials and supply difficulties. We have achieved a turnover of € 492 million, we have grown by 22.6% on the previous year and our net income has more than doubled. The 2021 turnover was 50 times that of our first year of activity. It is the result of constant growth, organically and through acquisitions, based on the professional values of an international working community that unites cultures in a blending process, guided towards the innovation of products and business processes. Thanks to the entire LU-VE team who made all this possible”.