Strong first quarter performance driven by surge in microchannel heat exchanger sales
Kaltra reports a robust start to 2025, with a notable increase in both revenue and production volumes in the first quarter. The company attributes this growth primarily to a significant uptick in global demand for its microchannel heat exchanger products, particularly in the HVAC and industrial refrigeration sectors.
Financial Highlights
- Revenue growth: Kaltra recorded an 18% year-over-year revenue increase in Q1 2025, reflecting the company’s strong position in the thermal management industry.
- Production milestone: The company produced over 250,000 microchannel coil units in Q1—setting a new quarterly production record.
- Profitability: Gross margins remained solid, supported by ongoing improvements in operational efficiency and an optimized product mix.
- Warranty performance: Product reliability continues to exceed industry benchmarks, with warranty-related failure rates below 0.08%, underscoring Kaltra’s manufacturing quality and product durability.
Sales Growth Drivers
The quarter’s strong performance was led by a rise in sales of both OEM and replacement microchannel coils. Kaltra’s microchannel coil solutions continue to gain traction for their premium quality, design flexibility, and long-term reliability.
“Our Q1 results clearly reflect Kaltra’s strategic focus on product quality, responsive engineering, and operational scalability. The global HVAC market is increasingly embracing microchannel technology for its efficiency, dimensional advantages, and environmental benefits. At Kaltra, we’ve responded with high-performance, readily available solutions that meet these evolving needs,” — said Lukas Engelhardt, Business Development Officer at Kaltra. He added: “Looking ahead, we are optimistic. Our expanded manufacturing capacity, strong aftermarket presence, and continued investment in R&D position Kaltra for sustained growth throughout 2025 and beyond.”
Market Overview
Kaltra has seen increasing orders from customers operating in the HVAC sector, high-efficiency building systems, data center cooling, and process industries. Large-format coil sales, in particular, experienced double-digit growth, as chiller fleets are being upgraded with modern, energy-efficient microchannel technology.
Outlook for Q2 2025
With robust market momentum, Kaltra plans to further scale its production capabilities and reinforce its global distribution network. Product development efforts will remain centered on:
- Advanced materials and protective coatings
- Optimized coil geometries
- Solutions engineered for low-GWP and eco-friendly refrigerants
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