LU-VE Group: in 2023 product sales in line with 2022; order backlog toward normal levels

January 12, 2024

January 12, 2024

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Uboldo (Varese), January 12, 2024 – LU-VE Group announces the highlights results for the year 2023:

As of December 31, 2023, the turnover of products reached 606.8 million (+ 0.3% compared to December 31, 2022). On a like-for-like basis, the change would have been – 0.7 %.
The order book as of December 31, 2023, is 156.2 million, -17.3% compared to December 31, 2022.

Uboldo (Varese), 29 April, 2026

NEW BOARD OF DIRECTORS FINANCIAL STATEMENTS APPROVED DIVIDEND OF €0.47 PER SHARE RESOLVED

LUVE announces the highlights results as of March 31, 2026

Integrated Annual Report as at 31 December 2025 approved

SALES GROWTH IN Q4 2025 (+10.2%)

OUTPERFORMED LONG-TERM GUIDANCE

Q3-25 DELIVERS RECORD BACKLOG (+38.7%)
BEST-EVER EBITDA MARGIN (15.5%)
AND STRONGER BALANCE SHEET

Q3-2025 CONFIRMS SOLID PROGRESS
GROWTH ON TRACK + 3.4%
ORDER BACKLOG REACHING NEW HIGH AT € 238.6 M (+38.7%)

BACK TO GROWTH IN Q2-25 (+3.7% VS Q2-24)
NEW EBITDA RECORD IN H1-25 (14.6% OF SALES)

Full effectiveness of the shareholders’ resolution to strengthen the increased voting rights for the failure to meet the termination conditions.

Financial highlights as at June 30, 2026

Stainless steel casing option extended to cover the complete range of Alfa Optigo air coolers

A new Spare Parts hub