Control specialist CAREL Group achieved revenues of €247.7million for the first nine months of 2019, a sales growth of 18.9% on the same period last year.
The figures include contributions from the purchase of German humidifier manufacturer HygroMatik and Italian air-to-air heat exchanger manufacturer Recuperator late in 2018. Excluding those contributions, revenues were €220.9million (+6%).
Sales of VRF systems and chillers grew in Europe in 2018, while there was also increased demand for air handling units, cooling towers, heat exchangers and IT cooling.
The latest study of HVAC equipment sales across the Europe, Middle East and Africa (EMEA) region by Eurovent Market Intelligence, based on data collected from manufacturers, also shows that rooftop unit sales were down 12% and chilled beams 6%, while the market for fan coil units is described as 'stagnant' across the region, despite a 13.1% increase in UK sales.
The sector was said to worth close to 7.5billion euros last year, with 2.3bn spent on split systems, 1.67bn on air handling units, 1.38bn on VRF systems and 1.03bn on chillers with a capacity greater than 50kW.
From left: Gianni Parlanti (BITZER CSMO), Andrea Zocche (Managing Director, BITZER Italia), Fabio Fogliani (Managing Director, ECR Italy), Marco Curato (Purchasing Director, Beijer Ref), Christiane Schaufler-Münch (Chairwoman of the Administrative Board of BITZER SE and Chairwoman of the Board of Trustees of THE SCHAUFLER FOUNDATION), Christian Wehrle (BITZER COO), Rainer Große-Kracht (BITZER CTO), Frank Hartmann (BITZER CFO)
ECR Italy won the top prize at the annual BITZER EMEA distribution conference in Leipzig, Germany.
Gianni Parlanti, Chief Sales and Marketing Officer at BITZER, said: "ECR Italy consistently has a lot of BITZER products in its range and supports the development of our Green Point service and maintenance network. This year, we are also carrying out a unique project all across Italy with our ECOSTAR Roadshow. Stops include Milan, Brescia, Florence, Rome and Turin. I would like to thank ECR Italy for its magnificent collaboration.''
Greek company Tairis Aeve was named as the New Product Top Performer 2017, having worked successfully with BITZER since 1981.
A special prize went to RSL Ireland, which has been a wholesaler for BITZER UK since 1967.
Carel's full c.pCO range of controllers has received BACnet B-BC certification, covering equipment and control devices for BMS systems made by different manufacturers.
Francesco Pesce, Programmable Controllers Platform Manager, said: "In recent years we have seen increasingly rapid progress towards network-connected high-efficiency systems to improve management and save energy. The BACnet protocol has been supported for many years on our optional cards and monitoring solutions, ensuring integration of Carel's products into the building's systems.
"Now we have decided to make further investments so as to integrate our controllers with BACnet as standard, making it the main connectivity reference for our high-efficiency solutions. Having the entire c.pCO range of programmable controllers B-BC certified is an important achievement. This certification means we can guarantee our customers the highest reliability in efficient, high-performance and technologically-advanced connected systems.”
“We work very closely with BACnet International, whose activities are fundamental in the areas of building automation and integration. Indeed, starting this year we have decided to become a Gold Member, further underlining Carel's commitment to a sector we have been leaders in for more than 40years.''