ITALY: Controls maker Carel has recorded revenues of €161m in the 1st a few months of the 12 months, an enhance of 24.8% on the same period past 12 months.
This is the ninth consecutive quarter that the Padua-based mostly firm has accomplished double-digit natural and organic progress.
Revenues from the air conditioning segment grew 39.6%, though the refrigeration phase slowed down by .5%.
Net gain improved 13.2% to €18.5m.