Press Release
Notice of availability of the minutes of the Ordinary and Extraordinary Shareholders' Meeting of 18 April 2024 and of the updated By-laws
Brugine (PD), 25 April 2024 - CAREL Industries S.p.A. ("CAREL") announces that, with regard to the Ordinary and Extraordinary
Shareholders' Meeting held on 18 April 2024, the minutes of the Meeting and the updated By-laws are available at the registered office, on CAREL website at www.carel.com(Investor Relations Section/Shareholders' Meetings/Shareholders' Meeting 18 April 2024 and
Corporate Governance Section/Company documents/By-laws) as well as on the authorized storage mechanism "eMarket Storage"
(www.emarketstorage.it).
For more information | |
INVESTOR RELATIONS | MEDIA RELATIONS |
Giampiero Grosso - Investor Relations Manager | Barabino & Partners |
giampiero.grosso@carel.com | Fabrizio Grassi |
+39 049 9731961 | f.grassi@barabino.it |
+39 392 73 92 125 | |
Marco Trevisan | |
m. trevisan@barabino.it | |
+39 02 72 02 35 35 | |
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CAREL
The CAREL Group is a global leader in the design, production and marketing of technologically-advanced components and solutions for excellent energy efficiency in the control of heating, ventilation and air conditioning ("HVAC") and refrigeration equipment and systems. CAREL is focused on several vertical niche markets with extremely specific needs, catered for with dedicated solutions developed comprehensively for these requirements, as opposed to mass markets.
The Group designs, produces and markets hardware, software and algorithm solutions aimed at both improving the performance of the units and systems they are intended for and for energy saving, with a globally-recognised brand in the HVAC and refrigeration markets (collectively, "HVAC/R") in which it operates and, in the opinion of the Company's management, with a distinctive position in the relevant niches in those markets.
HVAC is the Group's main market, representing 73% of the Group's revenues in the financial year to 31 December 2023, while the refrigeration market accounted for 27% of the Group's revenues.
The Group commits significant resources to research and development, an area which plays a strategic role in helping it maintain its position of leadership in the reference HVAC/R market niches, with special attention focused on energy efficiency, the reduction of environmental impact, trends relating to the use of natural refrigerant gases, automation and remote connectivity (the Internet of Things), and the development of data-driven solutions and services.
As of 31 December 2023 the Group operates through 49 branches including 15 production plants located in various countries, approximately 80% of the Group's revenues was generated outside of Italy and 30% outside of EMEA (Europe, Middle East, Africa). Original Equipment Manufacturers or OEMs - suppliers of complete units for applications in HVAC/R markets - make up the Company's main category of customers, which the Group focuses on to build long-term relationships.
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Carel Industries S.p.A. published this content on 25 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 April 2024 06:58:16 UTC.