Beijer Ref sales up 25% in Q4

SWEDEN: Refrigeration wholesaler Bei­jer Ref accomplished product sales of SEK4,271m (€409m) in Q4 of 2021, up 25.3% in comparison to the very same period of time in 2021.

Natural development was 11.6% with the inclusion of new acquisitions of Inventor AG, Airstream and Clima Solutions. Running profit was SEK326m (€31.2m), an enhance of 27.4% compared with the earlier calendar year.

Beijer Ref CEO Christopher Norbye described 2021 as a thriving 12 months “despite key disruptions in the provide chain” and a selection of lockdowns in the company’s markets. 

“It is particularly gratifying that all product spots present organic advancement during the yr. Ove­rall, the corporation experienced a great conclude to 2021 and we are entering 2022 with a sturdy order book,” Norbye additional.

Associated stories:

Beijer Ref purchases vast majority stake in Greek AC company14 July 2021
SWEDEN: Wholesaler Beijer Ref has entered the Greek marketplace with the acquisition of a bulk stake in Athens-dependent air conditioning producer Inventor AG SA. Browse more…

Beijer Ref acquires Australian maker Airstream25 October 2021
SWEDEN/AUSTRALIA: Refrigeration wholesaler Beijer Ref has signed an arrangement to obtain all the shares in the Australian distribution corporation Airstream. Read through more…

Beijer Ref would make two new acquisitions in Oceania1 December 2021
SWEDEN: Wholesaler Beijer Ref has produced two further acquisitions in Oceania, acquiring Auckland-primarily based HVAC provider Clima Answers and Patton Albury, an HVACR wholesaler dependent in Albury, Australia. Browse more…

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