LU-VE SpA 2024 IR

The report highlights LU-VE Group's performance in 2024, a year marked by geopolitical complexity and a decline in product sales to ’581 million, primarily due to a crisis in the heat pump exchanger market. Despite this, the company achieved a record EBITDA of ’82.5 million and a net profit of ’35.8 million through successful cost containment and procurement optimization. In terms of sustainability, the Group reduced its Scope 1 and Scope 2 greenhouse gas emissions by 15% compared to the 2022 baseline, meeting its annual target. Additionally, the Group prepared its first Consolidated Sustainability Statement in accordance with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS).

Company: LU-VE SpA

Sector: Industrials

Country: Italy

Year: 2024

Type: IR

Pages: 410

LU-VE SpA 2024 Integrated Annual Report

Integrated Annual Report

The report highlights LU-VE Group's performance in 2024, a year marked by geopolitical complexity and a decline in product sales to ’581 million, primarily due to a crisis in the heat pump exchanger market. Despite this, the company achieved a record EBITDA of ’82.5 million and a net profit of ’35.8 million through successful cost containment and procurement optimization. In terms of sustainability, the Group reduced its Scope 1 and Scope 2 greenhouse gas emissions by 15% compared to the 2022 baseline, meeting its annual target. Additionally, the Group prepared its first Consolidated Sustainability Statement in accordance with the Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS).

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Document Details

Report Year

2024

Reporting Period

Jan 1, 2024 - Dec 31, 2024

Fiscal Year

2024

Type

Integrated Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Energy Consumption

Renewable Energy

Water Consumption

Total Waste

Women on Board

Women in Management

Workplace Fatalities

Net Zero Target

Employees