Lennox sales up 13%

USA: Climate-control solutions company Lennox has reported sales up 13% in 2022 to a record $4.7bn. Gross profit was $1.28bn, up 8%.

The record year followed record Q4 revenues of $1.09bn, up 13%.

Annual revenue in Lennox’s residential heating and cooling segment was a record $3.20bn, up 15% on 2021. Refrigeration increased 12% to $619m, while commercial revenue was $901m, up 4%.