CAREL's 50th anniversary proved to be a year of solid and steady growth

The CAREL Industries Board of Directors has approved the results as of 31 December 2023, with consolidated revenues equal to € 650.2 million, +19.3% compared to 2022 (net of the impact of currency exchange rates, growth would have been 21.1%). On a like-for-like basis and at constant exchange rates, growth would have been 10.0%.

Francesco Nalini, CEO of the Group, commented: "I am particularly proud to present the results of 2023, as the year just ended marks the 50^th anniversary of the CAREL's foundation. In these first 50 years, we have achieved exceptional milestones. We started as a small local company and have become a world leader in the design, development and production of control solutions for air conditioning, ventilation and refrigeration. The daily commitment of those who have put their talent and enthusiasm at the company's disposal, together with the constant search for innovation based on environmental and social sustainability, have made it possible to shape an uninterrupted path of success that has also marked the recently concluded year."