16. Sales

Consolidated sales amounted to EUR 705.8 million (previous year: EUR 762.1 million), a decrease of 7.4%. Organic1 sales decreased by 8.7%.

Sales include EUR 0.8 million (previous year: EUR 5.7 million) recognised on long-term contracts.

Sales by region and segments are classified as follows:

2024

%

2023

%

Sales by region and segments

Ventilation EMEA

EUR million

328.4

46.5

336.2

44.1

Change from prior year in %

–2.3

–3.8

Ventilation North America

EUR million

71.1

10.1

69.1

9.1

Change from prior year in %

2.9

16.4

Ventilation Asia-Pacific

EUR million

24.7

3.5

35.8

4.7

Change from prior year in %

–30.9

–14.0

Total ventilation segment

EUR million

424.2

60.1

441.1

57.9

Change from prior year in %

–3.8

–2.1

Radiators EMEA

EUR million

235.9

33.4

268.2

35.2

Change from prior year in %

–12.1

–13.5

Radiators North America

EUR million

38.5

5.5

45.5

6.0

Change from prior year in %

–15.5

2.9

Radiators Asia-Pacific

EUR million

7.2

1.0

7.2

1.0

Change from prior year in %

–0.9

–6.7

Total radiator segment

EUR million

281.6

39.9

321.0

42.1

Change from prior year in %

–12.3

–11.4

Total region EMEA

EUR million

564.3

80.0

604.5

79.3

Change from prior year in %

–6.6

–8.3

Total region North America

EUR million

109.6

15.5

114.6

15.0

Change from prior year in %

–4.4

10.6

Total region Asia-Pacific

EUR million

31.9

4.5

43.0

5.6

Change from prior year in %

–25.9

–12.8

Total

EUR million

705.8

100.0

762.1

100.0

Change from prior year in %

–7.4

–6.2

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

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