Carel has announced an overall increase in sales of 12.8 per cent in 2015 compared to the previous year.

Sales in 2015 consolidated and further improved the positive trend in revenue recorded over the past five years, a period that has seen the group achieve a CAGR (compound annual growth rate) of 8.4 per cent.

Export sales in 2015 accounted for 80 per cent of total Carel Group sales. Analysis of revenue by geographical region shows that growth in terms of markets has been driven by the US and Europe, with overall average growth of 12 per cent, as well as by good performance on Asian markets.

“The results of the 2015 financial year confirm the success of our strategy aimed at both bringing technological innovation for high efficiency and sustainability, and expanding our manufacturing and sales operations worldwide,” says group managing director Francesco Nalini.

“The investments we have made in these areas in recent years have in fact brought about good growth in revenue and at the same time operating profitability.”

Air Change attends, supports Air Change recently sponsored AIRAH’s inaugural Humidity Issues in Australian Climates Workshop at The Mint in Sydney. The Air Change team was available on the day to discuss its new low-dewpoint dehumidifier, designed to dehumidify air to critically low dewpoint conditions without the requirement of desiccants for improved energy efficiency.

“We are extremely proud to support AIRAH’s Humidity Issues in Australian Climates Workshop,” says Air Change general manager Shane Carmichael, M.AIRAH. “As a specialist in dehumidification and ventilation systems, it was pleasing to see the growing awareness and the specific challenges that designers and engineers face to solve issues caused by high humidity and condensation.”

Air Change will also be available at AIRAH Trade Night events across the country this year.

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