Lu-Ve sales up 25%

ITALY: Heat exchanger product manufacturer Lu-Ve has reported sales of €605m in 2022, a 25.2% increase on 2021. 

On a like-for-like basis, the growth would have been 22%.

The order backlog at the end of 2022 amounted to €188.8m, up 4.8% from last year. On a like-for-like basis there would have been a decrease of 4.5%.