World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom


Keep up-to-date with the latest new products and technology


General articles, applications and industry analysis

Beijer Ref Q1 sales up 4%

SWEDEN: Beijer Ref recorded sales of SEK7,680m (€633m) in Q1 of 2024, a 4% increase on last year. EBITA saw a similar percentage increase to SEK733m (€63m). 

With the quarter affected by high comparative figures, organic sales were down -4.1%, mainly related to negative growth in HVAC of 7%. Despite the high comparative figures, OEM reported good organic growth of 9%. Commercial and industrial refrigeration had a slight negative organic growth of 3%. 

EMEA reported negative sales growth of 5%, while the APAC region reported strong growth of 17%, excluding currency effects, in which acquired operation in South Korea and a better summer season (especially in Australia) contributed to strong growth. 

North America reported sales growth of 33%, mainly driven by acquisitions and the inclusion of Heritage Distribution, which Beijer Ref acquired in September last year. 

Latest News

23rd May 2024

Stulz coolant distribution unit

GERMANY: Stulz has announced the launch of CyberCool CMU – a new coolant management and distribution unit designed to maximise heat exchange efficiency in liquid cooling solutions.
23rd May 2024

European Commission clears Carrier/Haier deal

EUROPE: The European Commission has given the all-clear to Carrier Refrigeration’s acquisition by Haier.
23rd May 2024

Cooling comes to the InstallerShow

UK: Next month’s InstallerShow at the NEC is promising a host of events, lectures and discussions relevant to the cooling industry.
22nd May 2024

Fujitsu takes farming to new levels

UK: Fujitsu General Air Conditioning UK is helping to deliver the best possible growing conditions for a vertical farming enterprise in Northamptonshire.
22nd May 2024

Beijer Ref upgrades ancillary support

UK: Wholesaler Beijer Ref UK & Ireland is stepping up its ancillary offering with a dedicated service for air conditioning and refrigeration installers.
22nd May 2024

HVAC plays vital sustainability role at Chester Zoo

UK: Mitsubishi Electric is to provide heating, cooling and ventilation equipment to Chester Zoo, the not-for-profit conservation zoo in Cheshire.