16. Sales
At EUR 617.7 million consolidated sales in 2020 were 4.1% lower than in 2019 (2019: EUR 644.4 million). Organically1, sales revenues decreased by 3.9%.
In revenue terms, EUR 1.4 million (2019: EUR 0.0 million) from long-term contracts are recognised.
Sales by region and business area are classified as follows:
|
|
|
2020 |
% |
2019 |
% |
|
Sales by region and business area |
|
|
|
|
|
|
Ventilation Europe |
EUR million |
269.4 |
43.6 |
259.0 |
40.2 |
|
Change from prior year |
% |
4.0 |
|
11.8 |
|
|
Ventilation North America |
EUR million |
14.4 |
2.3 |
11.8 |
1.8 |
|
Change from prior year |
% |
22.2 |
|
39.1 |
|
|
Ventilation China |
EUR million |
40.2 |
6.5 |
45.2 |
7.0 |
|
Change from prior year |
% |
– 11.0 |
|
16.9 |
|
|
Total business area ventilation |
EUR million |
324.0 |
52.5 |
316.0 |
49.0 |
|
Change from prior year |
% |
2.5 |
|
13.3 |
|
|
Radiators Europe |
EUR million |
247.8 |
40.1 |
272.1 |
42.2 |
|
Change from prior year |
% |
– 8.9 |
|
– 1.0 |
|
|
Radiators North America |
EUR million |
37.7 |
6.1 |
44.0 |
6.8 |
|
Change from prior year |
% |
– 14.4 |
|
20.6 |
|
|
Radiators China |
EUR million |
8.1 |
1.3 |
12.2 |
1.9 |
|
Change from prior year |
% |
– 33.5 |
|
5.3 |
|
|
Total business area radiators |
EUR million |
293.6 |
47.5 |
328.3 |
51.0 |
|
Change from prior year |
% |
– 10.6 |
|
1.7 |
|
|
Total Europe |
EUR million |
517.2 |
83.7 |
531.1 |
82.4 |
|
Change from prior year |
% |
– 2.6 |
|
4.8 |
|
|
Total North America |
EUR million |
52.1 |
8.4 |
55.8 |
8.7 |
|
Change from prior year |
% |
– 6.7 |
|
24.1 |
|
|
Total China |
EUR million |
48.3 |
7.8 |
57.4 |
8.9 |
|
Change from prior year |
% |
– 15.8 |
|
14.2 |
|
|
Total |
EUR million |
617.7 |
100.0 |
644.4 |
100.0 |
|
Change from prior year |
% |
– 4.1 |
|
7.1 |
|
For sales by segment, please refer to the preceding item 15. Segment reporting.
1 See Alternative performance measures in the consolidated financial statements in this Financial Report.