Kaltra continues strong momentum in Q3 2024
Kaltra has recorded 12.5% growth in sales, with its core operating income up by as much as 24.0% in Q3 2024, probably underpinned by its continuing expansion in the US microchannel coil market, which accounted for 80% of growth this quarter. This success underlines the strong positioning and strategic focus of Kaltra in high-demand sectors and indicates that it is well-placed to make the most of market opportunities.
However, the company forecasts this slowing sales growth during the holiday period, citing only a modest increase in US heat exchanger sales of 2.5%. This reflects seasonal demand trends and market adjustments typical of a cautious but sure approach as Kaltra maneuvers through variable market conditions.
Germany remains Kaltra’s second-largest heat exchanger market, recording a solid 4.5% sales growth in Q3.
Headquartered in Germany and Austria, Kaltra designs, develops, and manufactures air conditioning and refrigeration equipment and systems. The company offers air-cooled, water-cooled, and free cooling chillers, precision air conditioners, IT cooling systems, including room-, rack- and row-based solutions, and energy management solutions. It also designs and manufactures air-cooled condensers, dry coolers, and cooling units for special applications. Additionally, Kaltra offers microchannel heat exchangers for condenser, evaporator, and water cooling and heating applications, as well as aluminium coils for small cooling applications. All Kaltra products are engineered with the clear objective of improving energy efficiency and reducing total cost of ownership.
For more information on Kaltra and its products call +49 (0) 911 253 421 07 or visit www.kaltra.com
