16. Sales

Consolidated sales amounted to EUR 762.1 million (previous year: EUR 812.5 million), a decrease of 6.2%. Organic1 sales decreased by 6.5%.

Sales include EUR 5.7 million (previous year: EUR 2.3 million) recognised on long-term contracts.

Sales by region and segments are classified as follows:

 

 

2023

%

2022

%

Sales by region and segments

 

 

 

 

 

 

 

 

 

 

Ventilation EMEA

EUR million

336.2

44.1

349.4

43.0

Change from prior year in %

–3.8

 

20.8

 

Ventilation North America

EUR million

69.1

9.1

59.4

7.3

Change from prior year in %

16.4

 

202.3

 

Ventilation Asia-Pacific

EUR million

35.8

4.7

41.6

5.1

Change from prior year in %

–14.0

 

–5.2

 

Total ventilation segment

EUR million

441.1

57.9

450.3

55.4

Change from prior year in %

–2.1

 

27.7

 

 

 

 

 

 

 

Radiators EMEA

EUR million

268.2

35.2

310.1

38.2

Change from prior year in %

–13.5

 

4.6

 

Radiators North America

EUR million

45.5

6.0

44.3

5.4

Change from prior year in %

2.9

 

22.8

 

Radiators Asia-Pacific

EUR million

7.2

1.0

7.8

1.0

Change from prior year in %

–6.7

 

–35.0

 

Total radiator segment

EUR million

321.0

42.1

362.1

44.6

Change from prior year in %

–11.4

 

5.1

 

 

 

 

 

 

 

Total region EMEA

EUR million

604.5

79.3

659.5

81.2

Change from prior year in %

–8.3

 

12.6

 

Total region North America

EUR million

114.6

15.0

103.6

12.8

Change from prior year in %

10.6

 

86.1

 

Total region Asia-Pacific

EUR million

43.0

5.6

49.3

6.1

Change from prior year in %

–12.8

 

–11.6

 

Total

EUR million

762.1

100.0

812.5

100.0

Change from prior year in %

–6.2

 

16.6

 

For sales by segment, please refer to item 15. Segment reporting.

1 See Alternative performance measures in the consolidated financial statements in this Financial Report.

To the top