Airwell achieved an annual turnover of 45.1 ME, at the top of the forecast range


(Boursier.com) — In 2021, the Group Airwell, creator of smart energy solutions, achieved a turnover of 45.1 ME, at the top of the range of forecasts given in the last publication. In a global economic environment that remains disrupted, the group is taking advantage of its innovative offer, which has enabled it to post an overall increase in its turnover of 14.4%.

Activity in the 4th quarter posted sustained growth of 25.7% to 11.6 million euros, despite supply difficulties, particularly with suppliers in Asia. The momentum was sustained in the International segment (+40.9%), particularly in Poland. At the same time, the group recorded strong demand over the quarter for Air/Water heat pumps with a significant increase in sales of nearly €1 million.

For the 2021 financial year, the turnover of residential equipment shows 41.6 ME, an increase of 13.1%. This segment represents 92% of group sales. This performance illustrates the success of innovative solutions for individuals, perfectly in line with new uses and eco-responsible consumption patterns.

With regard to the professional segment, activity has increased significantly with 2021 turnover of 3.4 ME against 2.6 ME, an increase of 32.0%. Business was driven in particular by sales made to accommodation and healthcare professionals.

International sales increased by 11% and amounted to 38.8% of overall turnover. They benefited from the rebound in activity in the 4th quarter, thus catching up with the delivery deferrals observed in the 1st half.

France remains very well oriented at 18.6 ME (+21.2%) with a share of total turnover reaching 41.2%. Despite the supply difficulties and the health crisis, sales in the overseas territories showed good resistance with an increase of 8.3% to 9.0 ME.

Outlook

Driven by the good performance of its activity in 2021, the Airwell Group anticipates continued growth in 2022. To achieve this objective, the group will rely on the acceleration of the deployment of its “Hybrid House” offer, an eco-service global, smart and connected heat for the home.

At the same time, in 2022 the group will launch new eco-responsible climate and thermal solutions, which meet the expectations of the professional market, in order to boost this segment.

With a substantial order book up by more than 36% compared to January 2021, the Airwell Group reiterates its full confidence in the sustainable and profitable development of its business model in 2022.

Next publication: 2021 annual results: Tuesday March 29, 2022, before market.



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