Compared to the first six months of 2024, CAREL reported a Q2 sales increase of 9.4 per cent to US$183.6 million.
The increase is equivalent to an 11.3 per cent rise at constant exchange rates.
CAREL Group CEO, Francesco Nalini, said the results achieved in the second quarter of 2025 are a particular source of pride.
“This milestone confirms the solidity of our operating model and the Group’s ability to deliver value even in a complex macroeconomic environment,” Nalini said.
“From a sectoral perspective, we have witnessed a marked recovery in the HVAC segment, particularly driven by demand in commercial air conditioning and visible signs of improvement in the residential sector (heat pumps) in the EMEA area.
“From a geographical standpoint, in addition to the consolidation of the recovery in Europe, there is a clear strong recovery in the APAC region, where our ability to seize growth opportunities played a crucial role.”
There was also strong demand in North America driven by the data centre sector and commercial air conditioning.
Looking ahead, Nalini said there is still a significant level of uncertainty, mainly linked to the developments in the geopolitical scenario.
“Nevertheless, the flexibility provided by our global production structure, based on the ‘local for local’ philosophy, and the constant investment in innovation and technological development allow us to confidently face future challenges and swiftly seize the opportunities that will emerge in the coming quarters,” he said.