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Lu-Ve half-year sales up 10.3%

ITALY: Heat exchanger product manufacturer Lu-Ve has reported a turnover of €325.1m in the first half of the year, an increase of 10.3% on the same period in 2025.

The adjusted EBITDA amounted to €49.6m, up 15.1% on a year ago, while net profit increased 60%, reaching €27.2m. 

The order backlog now stands at a record €333.3, up 48% from a year ago. As of June 30, 2026, the net financial position amounted to €67.7m, an improvement of €28.7m compared to June 2025.

“Growth and profitability continue to exceed medium- to long-term guidance, and the order book has reached a new record, supported by solid demand across a broad and diversified range of applications,” commented Lu-Ve president and CEO Matteo Liberali. 

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