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Daikin sales up 25% in Q3

JAPAN: Daikin has recorded net sales of JPY2,301,939m ($20bn) in Q3, up 25% from the same period in 2020.

Operating income was JPY259,511m ($2.25bn) an increase of 33.4% year-on-year.

Total sales in the air conditioning and refrigeration business increased 24.4% year on year to JPY2,103,833m ($18.28bn). Operating income was up 27.8% to JPY234,862m ($2.04bn).

Latest News

23rd April 2024

Modine opens heat pump coil plant

USA/SERBIA: US manufacturer Modine has officially opened a second facility in Sremska, Serbia, to manufacture coils for commercial and residential heat pump applications. 
23rd April 2024

A-Gas expands US reclaim capacity

USA: Refrigerant supply and management company A-Gas has completed the construction of another set of separation towers at its facility in Rhome, Texas. 
23rd April 2024

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). 
23rd April 2024

IoR celebrates Lord Kelvin at 200

UK: The Institute of Refrigeration will mark this year’s World Refrigeration Day with a celebration of the achievements and contributions of mechanical refrigeration pioneer Lord Kelvin.
23rd April 2024

Eurovent calculates AHU life cycle costs

BELGIUM: Eurovent has released a new recommendation that enables the life cycle energy consumption and costs of air handling units to be calculated. 
23rd April 2024

Ecodan heat pumps stocked by heating merchant

UK: Mitsubishi Electric’s Ecodan heat pumps and hot water cylinders are to be stocked by The Boiler Shop, a Derbyshire-based independent heating and plumbing merchants.