14/07/21

LU-VE Group: Record results also in the first half of 2021

Uboldo, 14 July, 2021 - LU-VE announces the highlight results for the first half of 2021:

• as of June 30, 2021, the turnover of products reached € 224.5 Million (+17.6% compared to June 30, 2020). In Q2 2021, revenue grew 14.4% compared to Q1 2021.
• the order book as of June 30, 2021, jumped to € 146.3 million (+ 78.3% compared to June 30, 2020, and + 47.0% compared to March 2021).

“We are in the presence of a very active demand, but with strong tensions on the procurement market, due to rising prices and the availability of materials and components - said Matteo Liberali, CEO of LU-VE Group - However, paying close attention to managing a phase of great complexity, the increase in volumes and the growth of the order book allow us to look to the future with optimism”.

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The Manager responsible for preparing the financial reporting, Eligio Macchi, declares, pursuant to Art. 154-bis, paragraph 2 of the Consolidated Law on Finance, that the accounting disclosure contained in this press release corresponds to the results of the accounting documents, books and entries.