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

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

January 12, 2024

LU-VE Group announces the highlights results for the year 2023

January 12, 2024

Financial

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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.

Highlights results as of March 31st, 2026

LUVE announces the highlights results as of March 31, 2026

LUVE: 2025 results

Integrated Annual Report as at 31 December 2025 approved

Highlights results as of December 31, 2025

SALES GROWTH IN Q4 2025 (+10.2%)

OUTPERFORMED LONG-TERM GUIDANCE

Financial results as of September 30, 2025 approved

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

Financial highlights results as of September 30, 2025

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

interim consolidated financial report as at 30 June 2025 is approved

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

Adoption of enhanced increased voting rights: no declaration of withdrawal from shareholders

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

Highlight results as of June 30, 2025 – Q2

SALES UP + 3.7% – ORDER BACKLOG REACHES ALL-TIME HIGH (+31.7%)

The Extraordinary Shareholders’ Meeting approves the enhancement of increased voting rights

Uboldo (Varese), 1 July 2025 – The Extraordinary Shareholders’ Meeting of LU-VE S.p.A. (“LU-VE” or the “Company”), held today, approved the proposed amendments to art. 6 bis (“Increase in voting rights”) of the Articles of Association, aimed, inter alia, at introducin…

The Board of Directors approves the consolidated results as of March 31, 2025

Q1-25: ORDER BACKLOG GROWTH (+24.6%)
PROFITABILITY HOLDS SOLID DESPITE LOWER SALES

Direct-to-chip cooling: how LUVE shapes the future of data centers

Highlights results as of March 31st, 2026

LUVE receives its first ESG Recognition from DNV