Growth PotentialManagement confirmed confidence in achieving top line growth and improving profitability thanks to the diversification in applications and cost savings programmes.
Industry TrendsThe group remains positively exposed to supportive trends like the enforcement of increasingly strict environmental regulations.
Strong Market PositionLU-VE has posted an around 15% revenues CAGR in 2018-23 vs. a high single-digit growth for the industry thanks to the diversification of its applications and being a first player to tap some secular growth trends, such as electrification, decarbonisation, digitalisation, green refrigerant gases.